Camil Alimentos S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended February 28, 2022
May 20, 2022 at 09:27 am IST
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Camil Alimentos S.A. reported earnings results for the fourth quarter and full year ended February 28, 2022. For the fourth quarter, the company reported Revenue was BRL 2,267.2 million compared to BRL 1,830.6 million a year ago. Net income was BRL 143.5 million compared to BRL 85.1 million a year ago.
For the full year, the company reported Revenue was BRL 9,015.9 million compared to BRL 7,466 million a year ago. Net income was BRL 478.7 million compared to BRL 462.7 million a year ago.
Camil Alimentos SA is a Brazil-based company primarily engaged in the food processing sector. The Company focuses on the manufacture and commercialization of rice, rice crackers, beans, peas, chickpeas and lentil seeds, soybean-based meals, popcorn, sugar and seafood, among others. The Company's products are distributed under various brand names, including Camil, Pescador, Coqueiro, Uniao, Barra, Dolce, Namorado, Butui, Bonzao, Neve and Ducula in Brazil; Saman in Uruguay; Tucapel in Chile, as well as Costeno and Paisana in Peru. The Company operates grain processing units, fish processing plants and sugar mills. The Company controls a number of subsidiaries, such as Camil Internacional Argentina SA, Carreteiro Industria e Comercio de Alimentos Ltda and Ciclo Logistica Ltda.