T4F Entretenimento S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 10, 2023
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T4F Entretenimento S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 243.94 million compared to BRL 178.13 million a year ago. Net income was BRL 13.94 million compared to BRL 6.64 million a year ago.
T4F Entretenimento SA, formerly CIE Brasil SA, is a Brazil-based public company which engages in the Live Entertainment Sector. The Company is active in the administration, promotion, organization, production, agency, programming and implementation of activities related to live entertainment, such as sports, arts, culture, concerts and shows, as well as in the administration and operation of venues, such as theaters, gymnasiums and stadiums. The Company operates different levels of live entertainment value chain, including: venue operation; ticketing; food, beverage and merchandise sales; and corporate sponsorships. Nowadays, the Company operates Teatro Opera Orbis Seguros, in Buenos Aires, and Teatro Renault, in Sao Paulo.