Brazil: Correios' income and profit 2017-2018, by type
Correios' net revenue has increased lately.
Both the net income and the net profit of Brazilian postal services provider Empresa Brasileira de Correios e Telégrafos (ECT) have decreased recently. ECT, often referred to as Correios, generated less than 29.3 million Brazilian reals in net income during 2018, down from over 748 million reals recorded a year earlier. That represents a decline of more than 96 percent. Still,