General Shopping Brasil's Gross Revenue reached R$ 54.5 million, up 33.3% over 1Q12
SAO PAULO, May 15, 2013 /PRNewswire/ -- General Shopping Brasil S/A [BM&FBovespa: GSHP3], one of the largest shopping mall companies in Brazil, announces 1Q13 earnings results.
- Gross Revenue of General Shopping Brasil S/A in the first quarter of 2013 - 1Q13 – reached R$ 54.5 million, up 33.3% over the revenue of R$ 40.9 million in the first quarter of 2012 - 1Q12.
- Consolidated NOI in 1Q13 totaled R$ 43.5 million, with a margin of 87.2%, up 30.0% in relation to the R$ 33.5 million of 1Q12.
- Gross Profit in 1Q13 was R$ 38.0 million, with a margin of 76.2% and an increase of 27.2% as compared with the R$ 29.9 million registered in 1Q12.
- Adjusted EBITDA in 1Q13 reached R$ 34.4 million, with a margin of 69.0% and an increase of 28.6% compared to R$ 26.8 million in 1Q12.
For more information about the performance of the GSB, see the release on the link below:
http://www.firb.com/general_shopping/GSB_release_1Q13.pdf
CONFERENCE CALLS ON THE 1Q13 |
|
What: |
General Shopping Brasil's 1Q13 Earnings Conference Call |
When: |
Thursday, May 16, 2013 @ 03:00 PM EST in Portuguese and 04:00 PM EST in English. |
Where: |
http://www.mediatown.com.br/prnewswire/player/?id=1120 |
How: |
Live over the Internet -- Simply log on to the web at the address above. |
Conference call dial-in phone numbers: From the US: 1-855-281-6021 (toll-free); from Brazil: 11 4688-6361; from other countries: 1-786-924-6977 |
SOURCE General Shopping Brasil S.A.
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