T4f Entretenimento S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:07 am
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T4F Entretenimento S.A. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was BRL 2.729 million compared to BRL 54.612 million a year ago. Net loss was BRL 13.037 million compared to BRL 13.235 million a year ago. For the nine months, sales was BRL 37.869 million compared to BRL 307.631 million a year ago. Net loss was BRL 52.768 million compared to BRL 65.740 million a year ago.
T4F Entretenimento SA, formerly CIE Brasil SA, is a Brazil-based public company which engages in the Live Entertainment Sector. The Company is active in the administration, promotion, organization, production, agency, programming and implementation of activities related to live entertainment, such as sports, arts, culture, concerts and shows, as well as in the administration and operation of venues, such as theaters, gymnasiums and stadiums. The Company operates different levels of live entertainment value chain, including: venue operation; ticketing; food, beverage and merchandise sales; and corporate sponsorships. Nowadays, the Company operates Teatro Opera Orbis Seguros, in Buenos Aires, and Teatro Renault, in Sao Paulo.