SAO PAULO, Feb 18 (Reuters) - Brazilian brokerage and investment platform XP XP.O on Tuesday posted a 16% rise in its fourth-quarter adjusted net income compared to the year-ago period.
In a filing, XP also said it posted a 1.21 billion real ($212.86 million) net profit for the quarter that ended last December.
(Reporting by Isabel Teles)
((Isabel.Teles@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.