From the Newsroom*
São Paulo – The return on net assets for companies listed in the São Paulo Stock Exchange (Bovespa) was 16.02% last year, according to Brazilian newspaper O Estado de São Paulo. The percentage was greater than the one recorded in the United States, which was 14%.
In the financial sector, the return was almost twice as high: 19.6% for Brazil and 11.5% for the United States. The data were culled from a survey conducted by financial information company Economatica. The most profitable segment, as reported by the newspaper, was that of the steel and metals industry, at 31.3%.
*Translated by Gabriel Pomerancblum
