BM&FBovespa net profit has grown by 30%

BM & FBovespa aims higher

In brief: BM & FBovespa records high profits on the background of the Latin American stock markets rise.

Developing country markets have shown good results. BM & FBovespa, which owns the Brazilian stock exchange, has published data on the 30% increase in net profit in the second quarter.

It is reported that net income excluding certain items rose to 424.4 million reais ($ 239.8 million) compared with 325.4 million reais a year earlier, which surpassed expectations of analysts had forecast a profit of 366.1 million reais. It is not adjusted net profit amounted to 305.7 million reais. It should be noted that net sales rose 25% to 473.6 million reais, compared with 378.2 million reais in the second quarter of 2009.

Anrey Torbinski
2010-08-13 18:00, Economics.

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