Rossi Residencial 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 7.35 million compared to BRL 11.95 million a year ago. Net loss was BRL 48.25 million compared to BRL 31.78 million a year ago.
For the nine months, negative sales was BRL 5.88 million compared to sales of BRL 3.74 million a year ago. Net loss was BRL 140.23 million compared to BRL 232.37 million a year ago. Basic loss per share from continuing operations was BRL 7.385 compared to BRL 12.2368 a year ago.