BR Malls Posts Surge In Q3 Net Profit
BR Malls Participacoes SA (OTC: BRMSY) reported a rise in its third-quarter net profit.
BR Malls' quarterly net profit surged to 100.7 million Brazilian reais ($49.3 million), from BRL9.3 million, in the year-earlier quarter.
Its net revenue climbed to BRL278.3 million from BRL219.3 million, while earnings before interest, taxes, depreciation and amortization rose to BRL221.8 million from BRL174.2 million.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.