B3, which operates the Brazilian stock exchange, recorded net income attributable to shareholders of BRL 4.7 billion in the full year of 2021. The value represents an increase of 13.6% compared to the income reported in the year 2020.
In the fourth quarter of last year, between October and December, the company had a net profit attributable to shareholders of R$ 1.09 billion, a drop of 0.5% compared to the same period last year and of 7.2% compared to to the third trimester.
B3’s expenses totaled R$810 million in the fourth quarter, representing an increase of 12.1% in 12 months and 14.6% in the quarter.
The exchange’s total revenues totaled R$ 2.43 billion, down 4.2% from the fourth quarter of last year and 3.2% from the third quarter.
B3 comments that in the fourth quarter of last year, revenues were positively impacted by the reversal of non-recurring provisions. Excluding this effect, revenues would have been in line with the fourth quarter of last year.
2021
2021 was an important year for the Brazilian capital market. Companies that traded their shares on the stock exchange last year raised R$596 billion.
The value represents a historic record, according to the Brazilian Association of Financial and Capital Market Entities (Anbima).
With the rise in the Selic interest rate and inflation, more than a dozen companies decided to cancel initial public offerings of shares scheduled for 2022, as is the case with Madero and Bluefit.
Source: CNN Brasil
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