Anima Holding S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 17, 2021 at 01:05 pm
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Anima Holding S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was BRL 816.68 million compared to BRL 350.95 million a year ago. Net income was BRL 13.18 million compared to BRL 1.83 million a year ago. Basic earnings per share from continuing operations was BRL 0.03 compared to BRL 0.0067 a year ago. Diluted earnings per share from continuing operations was BRL 0.03 compared to BRL 0.0067 a year ago.
For the nine months, sales was BRL 1,802.3 million compared to BRL 1,046.06 million a year ago. Net income was BRL 66.15 million compared to net loss of BRL 8 million a year ago. Basic earnings per share from continuing operations was BRL 0.19 compared to basic loss per share from continuing operations of BRL 0.0267 a year ago. Diluted earnings per share from continuing operations was BRL 0.19 compared to diluted loss per share from continuing operations of BRL 0.0267 a year ago.
Anima Holding SA, formerly GAEC Educacao SA, is a Brazil-based company principally engaged in the educational sector. The Company's activities are divided into two segments: Higher education and Vertical management. The Higher education division focuses on developing formal and distance education services by offering college degrees and professional specialization courses, including undergraduate, graduate, masters, doctorate and extension degrees. The Vertical management division offers congresses, forums, seminars, specialization and in-company courses to professionals, as well as publishes books and magazines related to management and business. Its educational institutions are located in the states of Minas Gerais and Sao Paulo, Brazil. The Company operates through a number of subsidiaries, such as Minas Gerais Educacao SA, Instituto Mineiro de Educacao e Cultura Uni-BH SA, Posse Gestao Patrimonial SA and HSM do Brasil SA.