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E-commerce giant MercadoLibre s 4th-quarter profit stable after tax hit | WSAU News/Talk 550 AM · 99 9 FM

SAO PAULO (Reuters) - Latin American e-commerce giant MercadoLibre on Thursday reported a $165 million fourth-quarter net profit, as higher sales were offset by a tax hit, with results flat versus the year-ago period. The net profit was dented by t.

E-commerce giant MercadoLibre s 4th-quarter profit stable after tax hit

Latin American e-commerce giant MercadoLibre on Thursday reported a $165 million fourth-quarter net profit, as higher sales were offset by a tax hit, with results flat versus the year-ago period. .

E-commerce giant MercadoLibre s 4th-quarter profit stable after tax hit

E-commerce giant MercadoLibre s 4th-quarter profit stable after tax hit
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E-commerce giant MercadoLibre s 4th-quarter profit stable after tax hit

SAO PAULO (Reuters) -Latin American e-commerce giant MercadoLibre on Thursday reported a $165 million fourth-quarter net profit, as higher sales were offset by a tax hit, with results flat versus the year-ago period. The net profit was dented by two one-off taxes provisions in Brazil totaling $351 million, and came in below the $356 million net profit forecast by analysts polled by LSEG. MercadoLibre said the provisions should not have a material cash impact going forward.

E-commerce giant MercadoLibre s 4th-quarter profit stable after tax hit

SAO PAULO (Reuters) -Latin American e-commerce giant MercadoLibre on Thursday reported a $165 million fourth-quarter net profit, as higher sales were offset by a tax hit, with results flat versus the year-ago period. The net profit was dented by two one-off taxes provisions in Brazil totaling $351 million, and came in below the $356 million net profit forecast by analysts polled by LSEG. MercadoLibre said the provisions should not have a material cash impact going forward.

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