Multilaser Industrial S.A. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was BRL 840.8 million compared to BRL 1,111.8 million a year ago. Net loss was BRL 324.8 million compared to BRL 205.2 million a year ago.
For the full year, net loss was BRL 836.18 million compared to net income of BRL 89.97 million a year ago. Basic loss per share from continuing operations was BRL 1.028955 compared to basic earnings per share from continuing operations of BRL 0.110709 a year ago.