Taurus Armas S.A. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net income was BRL 42.5 million compared to BRL 121 million a year ago.

For the full year, the company reported sales was BRL 1,781.89 million compared to BRL 2,540.02 million a year ago. Net income was BRL 152.79 million compared to BRL 519.98 million a year ago.