Brazil’s Iguatemi Grows Revenue 13% but Profit Dips
Brazil’s Iguatemi Grows Revenue 13% but Profit Dips
3 Key Points –Adjusted net revenue surged 12.6% to R$422.6 million (~$81 million) and total tenant sales hit R$7.9 billion (~$1.5 billion), up 12.8% — powered by the integration of newly acquired stakes in Pátio Higienópolis, Pátio Paulista, and Shopping RioSul into Brazil’s premier mall portfolio. –Adjusted net income slipped 3.2% to R$158.9 million (~$31 […]
3 Key Points –Adjusted net revenue surged 12.6% to R$422.6 million (~$81 million) and total tenant sales hit R$7.9 billion (~$1.5 billion), up 12.8% — powered by the integration of newly acquired stakes in Pátio Higienópolis, Pátio Paulista, and Shopping RioSul into Brazil’s premier mall portfolio. –Adjusted net income slipped 3.2% to R$158.9 million (~$31 […]
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