Shopping centre operator BR Malls recorded a 23.5% drop in net income for the first quarter, to R$118.5 million ($23 mn) in the annual comparison. The company’s revenue decreased 4.5% in the period from January to March, to R$283.7 million ($57 mm), compared to the same period in 2019.
Source: Valor Investe
Brasil Económico aims to promote responsible cross-border trade & investment by facilitating the transparent flow of information to and from Brazil.
