Allied: profit reaches BRL 76 million, down 74%
Allied, a distributor of consumer electronics in physical and online retail, recorded a profit of BRL 76.1 million, a decrease of 74% compared to 2021. Net income was BRL 5.13 billion, a decrease of 11.86% compared to in 2021, when the company reached BRL 5.82 billion. However, if the reference is 2019, that is before the pandemic, it is a 1.4x increase, since the net income was BRL 3.71 billion, accumulating a positive CAGR of 11.4% (2019-2022). “After two years (2020 and 2021) of high demand and an explosion of…
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