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Brazil's PagBank posts 20% increase in fourth quarter net profit

SAO PAULO, Feb 28 (Reuters) - Brazilian payment firm
PagBank  PAGS.N  posted a 20% increase on its fourth quarter net
profit from a year earlier, to 488 million reais ($98.16
million). 
    The firm's net revenue rose 10% year-on-year in the quarter
ended in December to 4.3 billion reais. 
    
($1 = 4.9713 reais)

 (Reporting by Andre Romani; Editing by Steven Grattan)
 ((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))

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