A Marisa Lojas (LOVE3) announced a restructuring of its financial arm, based on measures that include a capitalization of 90 million reais by controlling shareholders in Paymentsaccording to a relevant fact this Friday.
The change was presented to the Central Bank, said Marisa. MPagamentos is a subsidiary of the retailer and operates in the credit and financing segments.
A fashion retailerwho changed command earlier this year and has been trying to renegotiate debts, also announced accounting measures after an audit review, such as a write-off of 50 million reais in mistakenly recorded revenue and reclassification of 48 million reais in operating expenses (opex) for investments (capex).
This Friday, Marisa also published unaudited results for 2022.
Source: Moneytimes
I am an author and journalist with a focus on market news. I have worked for a global news website for the past two years, writing articles on a range of topics relating to the stock market. My work has been published in international publications and I have delivered talks at both academic institutions and business conferences around the world.