BR Properties S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 31.07 million compared to BRL 83.09 million a year ago. Revenue was BRL 31.07 million compared to BRL 83.09 million a year ago.

Net loss was BRL 43.72 million compared to BRL 30.71 million a year ago. Basic loss per share from continuing operations was BRL 93.85 compared to BRL 63.772 a year ago. Diluted loss per share from continuing operations was BRL 93.85 compared to BRL 63.772 a year ago.