Melnick Desenvolvimento Imobiliário S.A. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was BRL 245.14 million compared to BRL 298.97 million a year ago. Net income was BRL 30.34 million compared to BRL 20.12 million a year ago.

Basic earnings per share from continuing operations was BRL 0.15 compared to BRL 0.1 a year ago. Diluted earnings per share from continuing operations was BRL 0.146 compared to BRL 0.097 a year ago.