Jhsf Participações S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021
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JHSF Participações S.A. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was BRL 385.339 million compared to BRL 166.930 million a year ago. Net income was BRL 195.811 million compared to BRL 21.676 million a year ago. Basic earnings per share from continuing operations was BRL 0.27798 compared to BRL 0.02972 a year ago. Diluted earnings per share from continuing operations was BRL 0.27645 compared to BRL 0.02935 a year ago.
JHSF Participacoes SA is a Brazil-based holding company engaged in the real estate industry. The Companyâs activities are divided into four business segments: Real Estate Development, involved in in the development, construction, purchase and sale, as well as lease of residential and commercial properties; Recurring Income, focused on development, administration and operation of shopping centers; Hospitality and Gastronomy, engaged in the operation of hotels, restaurants and bars; and Executive Airport, involved in the operation of Sao Paulo Catarina Executive Airport. The Company operates through a number of subsidiaries, including JHSF Incorporacoes Ltda, Polonia Incorporacoes Ltda, Boa Vista de Desenvolvimento Imobiliario e Servicos de Concierge Ltda and Aveiro Incorporacoes Ltda, among others.