Unicasa Indústria de Móveis S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 09, 2023 at 05:53 pm
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Unicasa Indústria de Móveis S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported Revenue was BRL 62.97 million compared to BRL 69.51 million a year ago. Net income was BRL 4.96 million compared to BRL 9.64 million a year ago. Basic earnings per share from continuing operations was BRL 0.08 compared to BRL 0.15 a year ago.
For the full year, the company reported Revenue was BRL 245.68 million compared to BRL 220.64 million a year ago. Net income was BRL 32.95 million compared to BRL 25.94 million a year ago. Basic earnings per share from continuing operations was BRL 0.5 compared to BRL 0.39 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.