Duratex S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 05:00 am IST
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Duratex S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was BRL 1,974.129 million compared to BRL 1,046.439 million a year ago. Operating income was BRL 907.669 million compared to BRL 8.332 million a year ago. Net income was BRL 716.600 million compared to net loss of BRL 23.582 million a year ago. For the half year, sales was BRL 3,742.255 million compared to BRL 2,208.027 million a year ago. Operating income was BRL 1,196.828 million compared to BRL 133.984 million a year ago. Net income was BRL 889.299 million compared to BRL 28.409 million a year ago.
Dexco SA, formerly known as Duratex SA, is a Brazil-based company primarily engaged in the manufacture of wood panels. The Company operates in three business segments: Wood, Deca and Ceramic Tiles. The Wood division is responsible for the production of hardboard; medium density particle (MDP) panels; medium, high and super density fiberboard (MDF, HDF and SDF) panels; laminate flooring, named Durafloor, and components for the furniture industry. The Deca division focuses on the production of sanitary ceramic and metal products under Deca and Hydra brand names. The Ceramic Tiles division produces polished porcelain tiles, special coatings and other tiles under Ceusa and Portinari brand names. The Company operates industrial plants and commercial branches in Brazil, Colombia, Peru and the United States, among others.