Melnick Desenvolvimento Imobiliário: Net income up 86% year-over-year, strong sales, and robust land bank drive positive outlook
· Issued by Melnick Desenvolvimento Imobiliario SA
Net income surged 86% year-over-year to BRL 25 million, with net sales of BRL 300 million and a 14% reduction in finished inventory. Strong launches and high absorption rates in Porto Alegre, plus a robust land bank and new partnerships, support a positive outlook.
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