Cyrela Commercial Properties SA Empreendimentos e Participacoes operates in the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cyrela Commercial Properties SA Empreendimentos e Participacoes with three other
companies in this sector in Brazil:
BR Properties S.A.
(2018
sales of 421.32 million Brazilian Reals [US$106.99 million]
of which 100%
was Real Estate & Investment Activities),
Aliansce Shopping Centers SA
(508.43 million Brazilian Reals [US$129.11 million]
of which 69%
was Rental), and
JHSF Participacoes S.A.
(485.69 million Brazilian Reals [US$123.34 million]
of which 41%
was Shopping Centers).
Sales Analysis.
Cyrela Commercial Properties SA Empreendimentos e Participacoes reported sales of 489.77 million Brazilian Reals (US$124.37 million)
for the
year ending
December of 2018.
This
represents
a
sharp
decrease of 32.9%
versus 2017, when the company's sales were 729.68 million Brazilian Reals.
Contributing to the drop in overall sales was the 23.6% decline
in Real Estate Development, from 292,000.00 Brazilian Reals to 223,000.00 Brazilian Reals.
There were also decreases in sales in
Coporate Buildings (down 2.9% to 113.86 million Brazilian Reals)
and
Other (down 19.9% to 13.74 million Brazilian Reals)
.
However, these declines were partially offset by the increase in sales of
Shoping Malls (up 35.1% to 278.22 million Brazilian Reals)
and
Administrative Services Rendered (up 12.1% to 83.72 million Brazilian Reals)
.