Plascar Participações Industriais S.A. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2016; Announces Operating Results for the First Half Ended June 30, 2016
For the six months the company announced net revenue of BRL 158,892,000 compared to BRL 253,631,000 a year ago. Gross loss was BRL 37,691,000 compared to gross profit of BRL 27,375,000 a year ago. LBITDA was BRL 54,232,000 compared to EBITDA of BRL 13,732,000 a year ago. Net loss was BRL 133,844,000 compared to BRL 51,855,000 a year ago.
For the first half the company announced vehicle production was 1,017 compared to 1,290 a year ago. Vehicle sales was 984 compared to 1,319 a year ago.