International Meal Company Alimentação S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 07:48 pm EDT
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International Meal Company Alimentação S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 605.84 million compared to BRL 590.1 million a year ago. Net income was BRL 35.07 million compared to net loss of BRL 4.77 million a year ago. Basic earnings per share from continuing operations was BRL 0.12285 compared to basic loss per share from continuing operations of BRL 0.05056 a year ago. Diluted earnings per share from continuing operations was BRL 0.12285 compared to diluted loss per share from continuing operations of BRL 0.05256 a year ago. Basic earnings per share was BRL 0.12285. Diluted earnings per share was BRL 0.12285.
For the six months, sales was BRL 1,135.81 million compared to BRL 1,044.51 million a year ago. Net loss was BRL 22.19 million compared to BRL 45.5 million a year ago. Basic loss per share from continuing operations was BRL 0.07775 compared to BRL 0.22422 a year ago. Diluted loss per share from continuing operations was BRL 0.07775 compared to BRL 0.22422 a year ago. Basic loss per share was BRL 0.07775 compared to BRL 0.15941 a year ago. Diluted loss per share was BRL 0.07775 compared to BRL 0.15941 a year ago.
International Meal Company Alimentacao SA, formerly known as RA Catering Ltda, is a Brazil-based company engaged in fast-food restaurant sector. The Company is active in the operation of restaurants, bars and cafes on motorways, airports, and shopping malls. The Company also provides catering services for airlines. It has operations in Latin America. The Company operates shops in shopping centers under the brand names Viena, Viena Express, Grano, Viena K Express, Viena Cafe, V Cafe and Viena Snacks, on highways under the banner Frango Assado, and at airports under the brands Aeromeals, Black Coffee, Brunella and Bistrot Mosaico, among others.
INTERNATIONAL MEAL COMPANY ALIMENTAÇÃO S.A. 
