T4F Entretenimento S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
March 24, 2022
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T4F Entretenimento S.A. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported net loss was BRL 64.09 million compared to BRL 108.55 million a year ago. Basic loss per share from continuing operations was BRL 0.95073 compared to BRL 1.61122 a year ago.
Diluted loss per share from continuing operations was BRL 0.95073.
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.