Minerva S.A. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was BRL 7,187.08 million compared to BRL 6,381.47 million a year ago. Net loss was BRL 200.93 million compared to net income of BRL 119.78 million a year ago.

Basic loss per share from continuing operations was BRL 0.342 compared to basic earnings per share from continuing operations of BRL 0.205 a year ago. Diluted loss per share from continuing operations was BRL 0.342 compared to diluted earnings per share from continuing operations of BRL 0.205 a year ago.