INSUBCONTINENT EXCLUSIVE:
faced unique challenges and opportunities in the second quarter, reflecting their diverse strategies and market conditions in Brazil.The
data shows sharp declines and strong sales growth, along with major investments to enhance infrastructure and services.Gafisa Reports a
Sharp Drop in Q2 Net Sales to R$111.3 MillionIn the second quarter, Gafisa observed a 56.1% decrease in net sales, recording only R$111.3
million ($19.9 million).Consequently, gross sales dropped 56% to R$138.7 million ($24.8 million), and cancellations decreased by 55.6% to
R$27.4 million ($4.9 million).The gross SOO ratio dropped from 13.4% to 10.4%, with inventory down 41.5% to R$1.19 billion ($212.5 million)
(Photo Internet reproduction)Tecnisa Sees a Significant Rise in Q2 Net Sales, up Nearly 170%Conversely, Tecnisa reported a substantial
($57.5 million).Year-over-year, sales surged 166.4% with two new projects totaling a GSV of R$304 million ($54.3 million).Completed units
accounted for 4.6% of sales
Perdizes is projected to have a GSV of R$445 million ($79.5 million).Moreover, the net sales velocity increased by 23.7%, an improvement of
electrical grid, representing a 43% investment increase over the six-year average.Additionally, Enel plans to double its field electricians
by hiring approximately 1,200 new workers by next March.Enel SP has cut customer service response times by over 30% since starting these
