Hotéis Othon S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net loss was BRL 16.67 million compared to net income of BRL 148.67 million a year ago. Basic loss per share was BRL 0.9072 compared to basic earnings per share of BRL 8.09208 a year ago.
For the six months, net income was BRL 68.95 million compared to BRL 126.6 million a year ago. Basic earnings per share was BRL 3.7526 compared to BRL 6.89099 a year ago.