Randon S.A. Implementos e Participações reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was BRL 3,501.85 million compared to BRL 3,143.68 million a year ago. Revenue was BRL 2,847.92 million compared to BRL 2,544.49 million a year ago.

Net income was BRL 89.44 million compared to BRL 153.16 million a year ago. Basic earnings per share was BRL 0.27 compared to BRL 0.47 a year ago.