Net income and net margin
Cyrela had a net income of R$ 600.2 million in 2010, meaning 17.7% below the results from the previous year, when its profit was R$ 729.3 million. In 2009, the figure considered the non-recurring effects of the R$ 80.6 million earning from sale of the equity held in Agra Empreendimentos Imobiliários S.A. If this operation is disregarded, the net income of 2010 would be 7.5% lower when compared to 2009. Profit per share was R$ 1.7267 in 2009 and R$ 1.4190 in 2010. The net margin was 5.9% in 2010 and 17.8% in 2009.
