RNI Negócios Imobiliários S.A. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 04:29 am IST
Share
RNI Negócios Imobiliários S.A. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was BRL 55.833 million compared to BRL 78.901 million a year ago. Operating loss was BRL 11.838 million compared to BRL 6.760 million a year ago. Net loss was BRL 7.376 million compared to BRL 9.817 million a year ago. Basic loss per share was BRL 0.17 compared to BRL 0.23 a year ago.
RNI Negocios Imobiliarios SA, formerly Rodobens Negocios Imobiliarios SA, is a Brazil-based company engaged in the real sector. The Company is active in the purchase and sale of real estate properties; subdivision of land; development and construction of real estate properties; provision of services to third parties, and management of own or third party mortgage receivables portfolio. The Company has a number of subsidiaries, including Moradas Rodobens Incorporadora Imobiliaria - Lages III - SPE Ltda, Rodobens Incorporadora Imobiliaria 318 - SPE Ltda, Rodobens Moradas Incorporadora Imobiliaria - Pacatuba I - SPE Ltda, Sistema Facil Campinas I SPE Ltda, Sistema Facil Tambore 8 Villaggio SPE Ltda and Terra Nova Residence XVIII - SPE Ltda.
RNI NEGÓCIOS IMOBILIÁRIOS S.A. 
