Fertilizantes Heringer S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 02, 2021 at 11:09 pm
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Fertilizantes Heringer S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net income was BRL 144.729 million compared to net loss of BRL 47.102 million a year ago. Basic earnings per share from continuing operations was BRL 2.6873 compared to basic loss per share from continuing operations of BRL 0.8746 a year ago. For the half year, net income was BRL 137.272 million compared to net loss of BRL 252.095 million a year ago. Basic earnings per share from continuing operations was BRL 2.5488 compared to basic loss per share from continuing operations of BRL 4.6808 a year ago.
Fertilizantes Heringer SA is a Brazil-based company primarily engaged in the production, marketing and distribution of fertilizers under the Heringer brand name. The Company organizes its business into two segments: Industrial, which constists of sulfuric acid and single super phosphate (SSP) production plant, and Mixing Plants segment, which includes fertilizer mixing industrial units. As of December 31, 2011, the Company operated 19 fertilizer mixing plants. The Companyâs products are used in the crop production sector, including farming of cane, soybeans, corn and coffee, among others. Through its subsidiary Logfert Transportes SA, the Company is also involved in the road transport operations. On January 4, 2012, it acquired Maxifertil Fertilizantes Ltda, located in the municipality of Porto Alegre. On June 29, 2012, the Company completed the operation of merger by incorporation of its subsidiary Maxifertil Fertilizantes Ltda.
FERTILIZANTES HERINGER S.A. 
