Camil Alimentos S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2021
January 13, 2022
Share
Camil Alimentos S.A. reported earnings results for the third quarter and nine months ended November 30, 2021. For the third quarter, the company reported sales was BRL 2,272.96 million compared to BRL 1,993.82 million a year ago. Net income was BRL 120.51 million compared to BRL 129.51 million a year ago. Basic earnings per share from continuing operations was BRL 0.3326 compared to BRL 0.3511 a year ago. Diluted earnings per share from continuing operations was BRL 0.3291 compared to BRL 0.3497 a year ago.
For the nine months, sales was BRL 6,748.65 million compared to BRL 5,635.41 million a year ago. Net income was BRL 335.21 million compared to BRL 377.6 million a year ago. Basic earnings per share from continuing operations was BRL 0.9208 compared to BRL 1.0216 a year ago. Diluted earnings per share from continuing operations was BRL 0.9114 compared to BRL 1.0177 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.