trending Market Intelligence /marketintelligence/en/news-insights/trending/hrQIknQETutXzaK6qq5IVw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Frutí­cola Viconto Q2 profit climbs 24.8% YOY


M&A rebound sparks optimism for near-term deal activity


Q&A: Navigating Climate Risk as a Financial Risk


Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain


Fintech Intelligence Newsletter: February 2021

Frutí­cola Viconto Q2 profit climbs 24.8% YOY

Frutícola Viconto S.A. said its second-quarter normalized net income came to $856,250, a gain of 24.8% from $686,250 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 24.9% from 18.0% in the year-earlier period.

Total revenue fell 9.5% year over year to $3.4 million from $3.8 million, and total operating expenses declined 8.4% year over year to $4.0 million from $4.4 million.

Reported net income declined 59.2% year over year to $431,000, or 0 cents per share, from $1.1 million, or 0 cents per share.