Tecnisa S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 10:07 pm
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Tecnisa S.A. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was BRL 32.676 million compared to BRL 44.057 million a year ago. Operating loss was BRL 25.509 million compared to BRL 58.103 million a year ago. Net loss was BRL 26.367 million compared to BRL 58.420 million a year ago.
Tecnisa SA is a Brazil-based company involved in the real estate sector. The Company and its subsidiaries are engaged in the development, construction, leasing, management, purchase and sale of residential and commercial real estate properties and lands. In addition, the Company offers consulting services related to real estate market. The Company develops, sells and builds residential and commercial projects with an integrated business model. The Company operates from the land acquisition until financing part of its customers. In addition, the Company offers consulting services related to real estate market. It operates in the Brazilian market. The Company focuses on the region of Sao Paulo (main market), followed by Brasilia and Curitiba.
TECNISA S.A. 
