Tecnisa S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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Tecnisa S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported revenue was BRL 25.43 million compared to BRL 59.07 million a year ago. Net loss was BRL 45.01 million compared to BRL 35.39 million a year ago.
For the nine months, revenue was BRL 123.57 million compared to BRL 136.94 million a year ago. Net loss was BRL 125.76 million compared to BRL 134.15 million a year ago.
Tecnisa SA is a Brazil-based company involved in the real estate sector. The Company and its subsidiaries are engaged in the development, construction, leasing, management, purchase and sale of residential and commercial real estate properties and lands. In addition, the Company offers consulting services related to real estate market. The Company develops, sells and builds residential and commercial projects with an integrated business model. The Company operates from the land acquisition until financing part of its customers. In addition, the Company offers consulting services related to real estate market. It operates in the Brazilian market. The Company focuses on the region of Sao Paulo (main market), followed by Brasilia and Curitiba.
TECNISA S.A. 
