Mills Estruturas e Servi?os de Engenharia S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 11:47 pm
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Mills Estruturas e Servi?os de Engenharia 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 192.95 million compared to BRL 133.79 million a year ago. Net income was BRL 31.49 million compared to BRL 1.18 million a year ago. Basic earnings per share from continuing operations was BRL 0.15 compared to BRL 0.01 a year ago. Diluted earnings per share from continuing operations was BRL 0.15 compared to BRL 0.01 a year ago.
For the nine months, sales was BRL 518.95 million compared to BRL 358.2 million a year ago. Net income was BRL 58.8 million compared to net loss of BRL 12.38 million a year ago. Basic earnings per share from continuing operations was BRL 0.28 compared to basic loss per share from continuing operations of BRL 0.06 a year ago. Diluted earnings per share from continuing operations was BRL 0.28 compared to diluted loss per share from continuing operations of BRL 0.06 a year ago.
Mills Estruturas e Servicos de Engenharia SA is a Brazil-based company primarily engaged in the commercial equipment rental. The Company's activities are divided into two business units: Construction and Rental. The Construction division operates in the heavy construction market and offers construction works and services, including formworks and props, as well as access to non-mechanized equipment, mast climbing platforms and scaffolds for the residential and office building construction sector. The Rental division provides leasing and sale of scissor lifts and telescope handlers for construction, trade and manufacturing markets, among others. The Company operates numerous branches across Brazil.