Grupo SBF’s Quick Profit Recovery in Q2 2024

Grupo SBF (SBFG3) reported a stunning financial turnaround, with a net profit of R$229 million ($40.53 million) in Q2 2024. This is a shift from a net loss of R$33.6 million ($5.95 million) last year. The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) reached R$218.5 million ($38.67 million), a 46.7% increase. Net sales […]