Holding company Simpar posted a net loss of R$119 million in the third quarter, according to the balance sheet released on Wednesday.
The company achieved an operating result measured by Adjusted EBITDA of R$3.10 billion, an increase of 14.2% compared to the third quarter of last year, breaking another record.
Net revenue from July to the end of September grew by 4.8% in the period, reaching R$11.4 billion, according to the balance sheet.
Leverage, measured by the ratio of net debt to EBITDA, was 3.5 times, compared to 3.7 times in the previous year.
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