Ser Educacional S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 12:15 am
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Ser Educacional S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was BRL 385.651 million compared to BRL 343.020 million a year ago. Operating income was BRL 61.275 million compared to BRL 89.326 million a year ago. Net income was BRL 25.698 million compared to BRL 54.716 million a year ago. For the half year, total revenue was BRL 692.375 million compared to BRL 651.546 million a year ago. Operating income was BRL 101.568 million compared to BRL 129.548 million a year ago. Net income was BRL 55.766 million compared to BRL 71.482 million a year ago.
Ser Educacional SA is a Brazil-based company principally engaged in the education sector. The Company focuses on developing post-secondary, vocational and higher education institutions. The Company provides undergraduate, graduate, masterâs degree and doctoral degree courses, Master of Business Administration (MBA) programs and vocational trainings. In addition, it manages research institutes that develop educational, scientific, political, economic and social projects. The Company also organizes national and international conferences in various areas, such as business administration, law, tourism, communications, information technology, health and education. The Company's education network is located in over10 Brazilian states amd consists of universities, colleges and a university center.