International Meal Company Alimentação S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 07:09 pm EST
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International Meal Company Alimentação S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BRL 626.03 million compared to BRL 619.17 million a year ago. Net income was BRL 16.4 million compared to net loss of BRL 4.48 million a year ago. Basic earnings per share from continuing operations was BRL 0.08348. Diluted earnings per share from continuing operations was BRL 0.08348. Basic earnings per share was BRL 0.05746 compared to basic loss per share of BRL 0.01569 a year ago. Diluted earnings per share was BRL 0.05746 compared to diluted loss per share of BRL 0.01569 a year ago.
For the nine months, sales was BRL 1,713.65 million compared to BRL 1,617.64 million a year ago. Net loss was BRL 5.79 million compared to BRL 49.98 million a year ago. Basic loss per share from continuing operations was BRL 0.02138 compared to BRL 0.29043 a year ago. Diluted loss per share from continuing operations was BRL 0.02138 compared to BRL 0.29043 a year ago. Basic loss per share was BRL 0.02029 compared to BRL 0.17509 a year ago. Diluted loss per share was BRL 0.02029 compared to BRL 0.17509 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. 
