Oi (OIBR3) goes from profit to loss of R$321 million in 2Q22

The result represents a reversal of profit in relation to the numbers reported in the same period last year (Image: Money Times/ Gustavo Kahil)

THE Hey (OIBR3;OIBR4) ended the second quarter of the year with a consolidated net loss attributed to controlling shareholders of R$ 321 million, according to the report released this Thursday (11).

The result represents a reversal of profit in relation to the numbers reported in the same period last year, when the company showed gains of R$ 1.13 billion.

In relation to the first quarter of 2022, Oi also reversed the profit of R$ 1.78 billion.

More information in a moment.

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Source: Moneytimes

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