São Paulo, April 17th of 2023 - TRISUL S.A. (B3: TRIS3), announces its 1Q23 operational results preview. The results presented hereby were not subject to review by external auditors.
Highlights
Gross Sales 100% totaled R$ 352.5 million in the 1Q23, an increase of 131% compared to the same quarter of the previous year.
Net Sales 100% totaled R$ 331.2 million in the quarter, an increase of 165% compared to the same quarter of the previous year.
Quarterly VSO (in units) registered 13.1%.
Landbank at the end of March totaled R$ 4,1 billion.
Contatos RI
Divulgação de Resultados
Fernando Salomão
11 de maio de 2023
Diretor Financeiro e de Relações com
(Após o fechamento do mercado)
Investidores
Jéssica Tozatti
Teleconferência de Resultados
Coordenadora de Relações com
Investidores
12 de maio de 2023
João Cintra
14h30 (Horário de Brasília)
Analista de Relações com Investidores
13h30 (Horário de Nova York)
ri@trisul.com.br
+55 (11) 3147-0149 // +55 (11) 3147-0005
Sales
Operational Performance (R$ million)
1Q23
1Q22
Y/Y(%)
4Q22
Q/Q (%)
Contracted Sales
Gross Contracted Sales - (100%)
352,562
152,623
131, 0 %
273,880
28, 7%
Gross Contracted Sales - (% Trisul)
297,136
145,479
10 4, 2%
264,277
12, 4%
Cancellations - (100%)
21,277
31,439
-32, 3%
30,521
-30 , 3%
Cancellations - (%Trisul)
20,706
25,713
-19 , 5%
29,822
-30 , 6 %
Contracted Sales - (100%) (1)
331,285
125,184
16 4, 6 %
243,357
36 , 1%
Contracted Sales - (% Trisul) (1)
276,430
119,766
130 , 8%
234,455
17, 9 %
Number of Units Sold
390
176
121, 6 %
429
-9 , 1%
Consolidated VSO (% Trisul)
11,2%
5,8%
5 p. p.
9,0%
2 p. p.
Criteria: (1) Sales net of commissions and cancellations, according to IFRS norms.
SoS (Sales over Supply)
Inventory of Units as of 01/01/2023 (+) Launching in 1Q23 Total Units for Sale in 1Q23 (a) (-) Units Sold in 1Q23 (b)
Total Units for Sale as of 04/01/2023 (1)
SoS in 1Q23 (b) / (a)
Launches
Operational Performance (R$ million)
Projects Launched
Potential Sales Volume - PSV (100%)
Potential Sales Volume - PSV (% Trisul)
Number of Projects
Units Launched
Landbank
On March 31, 2023, the Company's landbank totaled R$ 4.1 billion, considering both on- balance and off-balance lots.
It is important to mention that, once a lot reaches the minimum area for the viability of a project, Trisul has the practice of initiating payments (on-balance lots are lands that are already included in the Company's balance sheet). Off-balance lots are not included in the Company's balance sheet, as they are still in the prospecting phase, that is, payment has not yet started.
Units
Trisul's PSV (R$ thousand)
2,920
2,384,192
53
94,775
2,973
2,478,967
390
276,430
2,583
2,202,537
13,1%
11,2%
1Q23
1Q22
Y/Y(%)
172,319
0
100,0%
94,775
0
100,0%
1
0
100,0%
53
0
100,0%
Landbank Trisul
(PSV in R$ Million)
4,9
1,2
4,1
1,0
3,7
3,1
4Q23
1Q23
Landbank (On Balance)
Landbank (Off Balance)
Attachments
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Disclaimer
Trisul SA published this content on 17 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 April 2023 21:15:20 UTC.
Trisul SA is a Brazil-based company involved in the real estate sector. It was founded as a result of a merger between two companies: Incosul Incorporacao e Construcao Ltda and Tricury Construcoes e Participacoes Ltda. Together with its subsidiaries, the Company is principally engaged in the construction, purchase, sale and lease of residential buildings, as well as in the acquisition and subdivision of land. It mainly operates in the Brazilian state of Sao Paulo. The Company develops its operations in such cities as Sao Paulo, Santos, Guarulhos and Ribeirao Preto, among others. Trisul Life and Trisul Lar, the main products developed by the Company, consist of residential units ranging in size from 45 to 65 square meters. As of December 31, 2011, Trisul SA had a number of subsidiaries, including Tricury Construcoes e Participacoes Ltda, Incosul Incorporacao e Construcao Ltda and Ribeirao VIII Empreendimentos Imobiliarios Ltda, among others.
TRISUL S.A. 
