Rodobens Posts 2nd Quarter Net Income of 31.8 Million Reais

Rodobens Negocios Imobiliarios SA (RDNI3), a Brazilian real-estate company, said second-quarter net income was 31.8 million reais ($15.8 million), or 66 centavos a share, compared to a loss of 8.18 million reais, or 17 centavos in the year-earlier period.

Sales rose 68 percent to 238.8 million reais, according to a regulatory filing yesterday.

To contact the reporter on this story: Lucia Kassai in Sao Paulo at lkassai@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net

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