CVC Has Adjusted Net Profit of R$ 3.7 Million in the 3rd Quarter, Decrease of 94.1%
7 Articles
7 Articles
The CVC closed the first quarter with a net loss of R$ 21.5 million, reversing the profit of R$ 40.6 million recorded a year ago. Net revenue declined 0.6% on the same basis of comparison, to R$ 386.7 million. Check the results, indicators and news of the CVC and other open capital companies on the value companies 360 portal The net financial result of the company worsened 16.7%, becoming negative in R$ 84.9 million. Financial expenditures, whic…
The result shows, however, improvement against the loss of R$ 51.3 million reported in the second trimester
CVC records first profit of the year in the third quarter, with reserves of R$ 4.4 billion; CEO speaks at inflection point.
In a quarter marked by the increase in flight prices and the negative impact of the World Cup and the elections, the CVC managed to increase its reserves and reverse the damage it had accumulated in the last tris – a result that CEO Fabio Mader called a turning point. Brazil's largest travel agency grew its confirmed reserves by 4.9% for R$ 4.4 billion – with Brazil pulling the number up, and Argentina down.
Net revenue increases 1.5% and confirmed reserves advance 4.9%, despite the fall in adjusted profit
The tourism company CVC had adjusted net profit of R$3.7 million in the third ...
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium








