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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.570-4.5%Dec 26 9:30 AM EST

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To: Madharry who wrote (9586)11/13/1998 3:03:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Armin, Tony...UBB earnings. How do these look to you guys? I
haven't been following closely enough. Hope you guys have a feel,
will save me some time.

Thanks

sf
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Brazil's Unibanco 9-Mo Net Pft 312M Reals Vs 287M

Dow Jones Newswires

Uniao de Bancos Brasileiros SA (Unibanco)-Sao Paulo, Brazil
Nine months ending September 30:
Figures in reals (BRR) ($1=BRR1.19).
1998 1997
Net Interest Income 1.71 bln 1.72 bln
Operating Profit 423 mln 468 mln
Net profit 312 mln 287 mln
Earnings per share (EPS)-a 3.15 2.95
a. per thousand shares

SAO PAULO -- Uniao de Bancos Brasileiros SA (UBB) said Friday that its
net profit for the nine months ended on Sept. 30 totaled 312 million reals
(BRR) ($1=BRR1.19), an 8.7% increase over the same period last year.

In a press release, the company said that during the period its average return
over liquid assets was 14.5%, and that its average return over its median
assets was 1.4%.

For the period Unibanco had liquid assets of BRR2.86 billion.
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