Mills Estruturas e Serviços de Engenharia S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 05:29 pm
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Mills Estruturas e Serviços de Engenharia S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was BRL 235.1 million compared to BRL 154.33 million a year ago. Net income was BRL 40.85 million compared to BRL 7.37 million a year ago. Basic earnings per share from continuing operations was BRL 0.2 compared to BRL 0.04 a year ago. Diluted earnings per share from continuing operations was BRL 0.2 compared to BRL 0.04 a year ago.
Mills Estruturas e Servicos de Engenharia SA is a Brazil-based company primarily engaged in the commercial equipment rental. The Company's activities are divided into two business units: Construction and Rental. The Construction division operates in the heavy construction market and offers construction works and services, including formworks and props, as well as access to non-mechanized equipment, mast climbing platforms and scaffolds for the residential and office building construction sector. The Rental division provides leasing and sale of scissor lifts and telescope handlers for construction, trade and manufacturing markets, among others. The Company operates numerous branches across Brazil.