On Monday, Shares of Banco Bradesco SA (ADR) (NYSE:BBD), included 1.75% and shut at $8.73 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $8.62 and $8.85. The business’ commercial center capitalization is $48.74 Billion with the aggregate fabulous loads of 2.76 billion. The main figures stated by Bradesco (BM&FBovespa: BBDC3; BBDC4, NYSE: BBD) in the first nine months of 2016, with emphasis on the consolidation, from July 1, 2016, of information on HSBC Bank Brasil S.A. and its auxiliaries (HSBC Brasil):
- Adjusted Net Income (1) for the first nine months of 2016 stood at R$12.736 billion (a 4.3% decrease contrast to the Adjusted Net Income of R$13.311 billion recorded in the same period of 2015), corresponding to earnings per share of R$3.13 and Return on Average Adjusted Equity (2) of 17.6%(2).
- As for the source, the Adjusted Net Income is composed of R$8.690 billion from financial activities, representing 68.2% of the total, and of R$4.046 billion from insurance, pension plans and capitalization bonds operations, which together account for 31.8%.
- In September 2016, Bradesco’s market capitalization stood at R$160.472 billion (3), showing a growth of 41.6% over September 2015.
Shares of Vipshop Holdings Ltd – ADR (NYSE:VIPS), added 3.66% and shut at $14.17 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $13.28 and $14.35. The association’s commercial center capitalization is $8.26 Billion with the general uncommon loads of 99.46 million. Vipshop Holdings Limited (VIPS), a leading online discount retailer for brands in China (“Vipshop” or the “Company”), recently declared its unaudited financial results for the third quarter ended September 30, 2016.
Third Quarter 2016 Highlights
Total net revenue raised by 38.4% to RMB12.00 billion (US$1.80 billion), mainly attributable to a 43% year-over-year increase in the number of active customers to 20.8 million and a 34% year-over-year increase in total orders to 60.1 million.
Gross profit raised by 36.0% to RMB2.93 billion (US$439.7 million) from RMB2.16 billion in the prior year period.
Income from operations raised by 21.3% to RMB528.8 million (US$79.3 million) from RMB436.1 million in the prior year period. Operating margin was 4.4% as contrast with 5.0% in the prior year period.
Non-GAAP income from operations raised by 24.8% to RMB732.0 million (US$109.8 million) from RMB586.8 million in the prior year period. Non-GAAP operating margin was 6.1% as contrast with 6.8% in the prior year period.
Net income attributable to Vipshop’s shareholders raised by 8.3% to RMB342.9 million (US$51.4 million) from RMB316.7 million in the prior year period.
Non-GAAP net income attributable to Vipshop’s shareholder raised by 31.5% to RMB595.5 million (US$89.3 million) from RMB452.7 million in the prior year period.