Unicasa Indústria De Móveis S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 05, 2020
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Unicasa Indústria de Móveis S.A. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was BRL 29.227 million compared to BRL 35.470 million a year ago. Operating income was BRL 539,000 compared to BRL 4.830 million a year ago. Net income was BRL 270,000 compared to BRL 4.053 million a year ago. For the half year, total revenue was BRL 56.545 million compared to BRL 66.367 million a year ago. Operating loss was BRL 58,000 compared to operating Income of BRL 8.093 million a year ago. Net income was BRL 162,000 compared to BRL 7.026 million a year ago.
Unicasa Industria de Moveis SA is a Brazil-based company engaged in the production and trade of furniture. The Company is active in the manufacture, sale, import and export of furniture made of wood, iron, steel and aluminum. It is primarily involved in the production of furniture made of medium density fiberboard (MDF) and medium density particleboard (MDP). Additionally, the Company sells accessories and decoration items. Its product portfolio include a range of furnishing solutions, including kitchens, bedrooms, closets, home theaters, laundries and toilets, as well as furniture equipment for offices and children rooms. The Company has a network of stores in Brazil and abroad, which sell its products under brand names Dell Anno, Favorita, New and Telasul Madeira. It operates an industrial park located in the city of Bento Goncalves, in the Brazilian state of Rio Grande do Sul.
UNICASA INDÚSTRIA DE MÓVEIS S.A. 
