RNI Negócios Imobiliários S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2021
March 10, 2022 at 05:35 am IST
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RNI Negócios Imobiliários S.A. reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported sales was BRL 170.28 million compared to BRL 77.78 million a year ago. Net income was BRL 2.11 million compared to BRL 12.92 million 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.