Hotéis Othon S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was BRL 33.51 million compared to BRL 24.9 million a year ago. Net income was BRL 3.21 million compared to BRL 16.8 million a year ago. Basic earnings per share was BRL 0.17467 compared to BRL 0.9144 a year ago.
For the nine months, revenue was BRL 104.4 million compared to BRL 67.99 million a year ago. Net income was BRL 72.15 million compared to BRL 143.4 million a year ago. Basic earnings per share was BRL 3.92728 compared to BRL 7.8054 a year ago.