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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - BRL (R$)
R$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONSOLIDATED STATEMENTS OF INCOME (LOSS)        
NET SALES R$ 9,159,634 R$ 11,519,655 R$ 20,436,017 R$ 21,262,490
Cost of sales (6,228,181) (6,122,925) (12,196,855) (11,555,765)
GROSS PROFIT 2,931,453 5,396,730 8,239,162 9,706,725
OPERATING INCOME (EXPENSES)        
Selling (626,809) (625,567) (1,231,162) (1,197,708)
General and administrative (427,208) (364,768) (817,443) (701,232)
Income (expense) from associates and joint ventures (14,052) 19,049 419 9,307
Other, net 1,205,293 161,993 1,183,989 159,426
OPERATING PROFIT BEFORE NET FINANCIAL INCOME 3,068,677 4,587,437 7,374,965 7,976,518
NET FINANCIAL INCOME (EXPENSES)        
Financial expenses (1,149,041) (1,133,402) (2,308,066) (2,183,523)
Financial income 404,137 194,283 789,898 352,567
Derivative financial instruments 2,903,766 (1,575,557) 4,899,019 4,620,886
Monetary and exchange variations, net 2,376,817 (4,459,984) 3,624,935 3,170,689
NET INCOME (LOSS) BEFORE TAXES 7,604,356 (2,387,223) 14,380,751 13,937,137
Income and social contribution taxes        
Current (97,226) (63,703) (211,003) (122,637)
Deferred (2,429,507) 2,632,715 (3,849,332) (3,326,601)
NET INCOME FOR THE PERIOD 5,077,623 181,789 10,320,416 10,487,899
Attributable to        
Controlling shareholders' 5,073,127 175,625 10,310,498 10,480,342
Non-controlling interest R$ 4,496 R$ 6,164 R$ 9,918 R$ 7,557
Earnings (loss) per share        
Basic R$ 3.90544 R$ 0.13057 R$ 7.87524 R$ 7.77949
Diluted R$ 3.90397 R$ 0.13054 R$ 7.87231 R$ 7.77825