Yduqs Participações S.A. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2020
August 25, 2020
Share
Yduqs Participações S.A. reported consolidated earnings results for the second quarter and six months ended June 30, 2020. For the quarter, the company reported revenue from sale of goods and/or services of BRL 991,098,000 compared to BRL 957,228,000 a year ago. Net result from continuous operations was negative at BRL 79,542,000 compared to net result from continuous operations of BRL 194,773,000 a year ago.
For the six months, the company reported revenue from sale of goods and/or services of BRL 1,914,367,000 compared to BRL 1,889,854,000 a year ago. Net result from continuous operations was BRL 88,346,000 compared to net result from continuous operations of BRL 435,570,000 a year ago.
YDUQS Participacoes SA is a Brazil-based company engaged in the provision of educational services. The Company focuses on developing post-secondary education institutions. Its services range comprises on-campus and distance learning with graduate and Master of Business Administration (MBA) programs, vocational courses, exam preparation, short-duration courses, as well as business trainings for professionals, among others. The Companyâs courses offer development in the legal, management, humanities, health and technology areas. Its educational network comprises universities, campuses, distance learning centers and colleges. The Company operates in Brazil through brands: Estacio, UniToledo, Adtalem (IBMEC, Wyden, Damasio Educacional, SJT Med and Clio).