Ser Educacional S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 26, 2021 at 10:31 am IST
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Ser Educacional S.A. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was BRL 329.463 million compared to BRL 350.307 million a year ago. Operating income was BRL 173.917 million compared to BRL 48.571 million a year ago. Net income was BRL 121.530 million compared to net loss of BRL 2.563 million a year ago. For the full year, total revenue was BRL 1,250.463 million compared to BRL 1,275.986 million a year ago. Operating income was BRL 313.194 million compared to BRL 260.270 million a year ago. Net income was BRL 165.034 million compared to BRL 136.372 million a year ago.
Ser Educacional SA is a Brazil-based company principally engaged in the education sector. The Company focuses on developing post-secondary, vocational and higher education institutions. The Company provides undergraduate, graduate, masterâs degree and doctoral degree courses, Master of Business Administration (MBA) programs and vocational trainings. In addition, it manages research institutes that develop educational, scientific, political, economic and social projects. The Company also organizes national and international conferences in various areas, such as business administration, law, tourism, communications, information technology, health and education. The Company's education network is located in over10 Brazilian states amd consists of universities, colleges and a university center.
SER EDUCACIONAL S.A. 
