September 22, 2021

The Catholic Transcript

Complete News World

Hi went from loss to profit of R$1.139 billion in Q2 2021

Hi went from loss to profit of R$1.139 billion in Q2 2021

(Play / Facebook)

Hello (OIBR3;OIBR3), in the judicial redemption, recorded a net profit of R$1.139 billion in the second quarter of 2021, compared to a loss of R$3.409 billion in the same period in 2020, the company reported on Wednesday (11). Values ​​are customizable for controllers.

Net revenue decreased by 3.41% on a year-over-year basis, moving from R$4.544 billion to R$4.389 billion.

According to the company, net revenue from Brazilian operations was R$4.333 billion (down 3.5% year-on-year), while net revenue from international operations (Africa and East Timor) was R$55 million, an increase of 2.0% compared to April to June 2020.

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