Real Estate Central

Net Profit grows 643% reaching R$18.8 million in the 1Q08.

SAO PAULO, Brazil, May 13 /PRNewswire-FirstCall/ — TRISUL S.A. (Sao
Paulo Stock Exchange: TRIS3), announces its financial results for 1Q08.



Highlights
— In the 1Q08 the Company launched 3 projects, with total PSV of
R$194.5 million, of which R$166.5 million is our share. We launched 2
projects in Ribeirao Preto and 1 project in Guarulhos, all three at the
end of March.
— The Company launches its 7th project under the Trisul life brand, Vida
Plena Guarulhos, low-income product, with 526 units and reaches sales
speed of 40% in its first month of sales.
— The Trisul life developments were responsible for 57% of all units sold
in the quarter.
— Total Contracted Sales in the 1Q08 was R$171.2 million, of which
R$119.9 million is our share, a 201% growth in relation to the 1Q07.
— Net Operating Revenue totaled R$71.9 million in the first quarter of
2008, 95% up on the previous year.
— EBITDA in the 1Q08 totaled R$16.1 million, a 126% growth in relation to
the 1Q07, with margin of 22.4%.
— In the first quarter of the year, Net Income totaled R$18.8 million
with net margin of 26.2%, corresponding to a 643% growth in relation to
the 1Q07.


1Q08 Conference Call
Portuguese
Date: May 14, 2008
Time: 10:00 a.m. (Brasilia)
09:00 a.m. (US-EST)
Phone: +55 (11) 2188-0188
Replay: +55 (11) 2188-0188
Access Code: Trisul

English
Date: May 14, 2008
Time: 12:00 noon (Brasilia)
11:00 a.m. (US-EST)
Phone: +1 (973) 935-8893
Replay: +1 (706) 645-9291
Access Code: 43359669

For further information, please access our website:
http://www.trisul-sa.com.br/ir.



See Also

• AMB Property Corporation(R) Stabilizes 406,000 SF Orlando Development with Kuehne + Nagel Lease
• American Church Mortgage Company Declares First Quarter Dividend
• Family Retreat Exemplifies Green Luxury

Source: Real Estate Newswire