International Meal Company Alimentação S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 17, 2020 at 02:57 am
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International Meal Company Alimentação S.A. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was BRL 298.669 million compared to BRL 424.821 million a year ago. Net loss was BRL 5.050 million compared to net income of BRL 16.806 million a year ago. Basic loss per share was BRL 0.00914 compared to basic earnings per share of BRL 0.10447 a year ago. Diluted loss per share was BRL 0.00914 compared to diluted earnings per share of BRL 0.10374 a year ago. For the nine months, sales was BRL 815.882 million compared to BRL 1,189.113 million a year ago. Net loss was BRL 434.021 million compared to net income of BRL 9.530 million a year ago. Basic loss per share was BRL 1.50713 compared to basic earnings per share of BRL 0.05927 a year ago. Diluted loss per share was BRL 1.50713 compared to diluted earnings per share of BRL 0.05883 a year ago.
International Meal Company Alimentacao SA, formerly known as RA Catering Ltda, is a Brazil-based company engaged in fast-food restaurant sector. The Company is active in the operation of restaurants, bars and cafes on motorways, airports, and shopping malls. The Company also provides catering services for airlines. It has operations in Latin America. The Company operates shops in shopping centers under the brand names Viena, Viena Express, Grano, Viena K Express, Viena Cafe, V Cafe and Viena Snacks, on highways under the banner Frango Assado, and at airports under the brands Aeromeals, Black Coffee, Brunella and Bistrot Mosaico, among others.
INTERNATIONAL MEAL COMPANY ALIMENTAÇÃO S.A. 
