Hotéis Othon S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was BRL 24.9 million compared to BRL 9.78 million a year ago. Net income was BRL 16.8 million compared to BRL 1.37 million a year ago. Basic earnings per share was BRL 0.9144 compared to BRL 0.0744 a year ago.
For the nine months, revenue was BRL 67.99 million compared to BRL 25.07 million a year ago. Net income was BRL 143.4 million compared to net loss of BRL 14.99 million a year ago. Basic earnings per share was BRL 7.8054 compared to basic loss per share of BRL 0.8161 a year ago.