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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