25-Feb-2011 4:05 PM
GOL reports 25% margin in 4Q on large drop in net
Analysis
Celebrating its 10th anniversary on 15-Jan, GOL reported a 15.6% jump in net revenues to R$1,869.8m in the fourth quarter compared with 4Q2009 and a 4.5% increase on third quarter results. However, the company reported a 66.8% drop in net income to BRL132.2 million. It did not release full-year statistics.
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