Mangels Industrial S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was BRL 238.01 million compared to BRL 263.47 million a year ago. Net loss was BRL 8.68 million compared to net income of BRL 0.584 million a year ago.
For the nine months, revenue was BRL 716.77 million compared to BRL 800.68 million a year ago. Net income was BRL 16.5 million compared to BRL 62.24 million a year ago.