Brazil's Localiza posts 59% jump in Q4 net profit-February 2024-www.financetom.com

Brazil's Localiza posts 59% jump in Q4 net profit

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Brazil's Localiza posts 59% jump in Q4 net profit

Mar 11, 2024 4:32 PM

SAO PAULO, March 11 (Reuters) - Brazilian car rental

firm Localiza posted on Monday a 59.1% increase in

its net profit for the fourth quarter from a year earlier.

Localiza, which operates in the car rental, fleet management

and semi-new cars sales segments, reported net profit at 705.6

million reais ($141.71 million) in the quarter ended in

December.

($1 = 4.9791 reais)

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