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BR Malls' profit and revenue increased in the 2nd quarter
- Net income was R$165.9 million, almost triple compared to the same period in 2021.
By: SiiLA News
08/12/2022 BR Malls posted a net income of R$156 million in the second quarter, reversing the loss of R$112.9 million from a year earlier
In adjusted terms, considering the effects of taxes and investments, net income was R$165.9 million, almost triple compared to the same period in 2021.
The shopping mall operator's revenues totaled R$ 356.3 million between April and June, an increase of 36.1% in the annual comparison.
Operating cash flow, used to measure the company's operationalization, was R$ 173.8 million, reversing a negative number from a year earlier.
Read the full story (in Portuguese).
Source: Valor Econômico
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