Padtec Holding S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was BRL 136.67 million compared to BRL 122.66 million a year ago. Revenue was BRL 104.98 million compared to BRL 97.62 million a year ago. Net income was BRL 5.8 million compared to net loss of BRL 1.73 million a year ago.

For the full year, the company reported sales was BRL 365.73 million compared to BRL 343.74 million a year ago. Net income was BRL 9.75 million compared to BRL 25.55 million a year ago.