Melnick Desenvolvimento Imobiliario SaBMFBOVESPA: MELK3

Melnick Desenvolvimento Imobiliário: Launches and cash generation soared, margins improved, and a major capital reduction was approved

· Issued by Melnick Desenvolvimento Imobiliario SA

Net PSV from launches surged 49% year-over-year to BRL 1.1 billion, with net sales up 3% despite Q2 flood disruptions. Gross margin improved to 25%, and cash generation rose 37%. Dividend yield reached 11.16%, and a BRL 150 million capital reduction was approved.

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