Odontoprev S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 03, 2021
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Odontoprev S.A. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net income was BRL 83.585 million compared to BRL 71.683 million a year ago. For the full year, net income was BRL 361.128 million compared to BRL 284.763 million a year ago.
Odontoprev SA is a Brazil-based company primarily engaged in the provision of dental care services. The Company is involved in the management, sale and provision of private dental care plans and services. It offers services to individual and corporate customers. The Company organizes its dental care services into three main segments: Collective Pre-paid Plans, Collective Post-paid Plans and Individual Pre-paid Plans. Through its indirect subsidiary Easy Software Ltda, the Company is also active in the development of computer software for the dental industry. Odontoprev SA holds shares in various direct subsidiaries, such as Clidec - Clinica Dentaria Especializada Cura Dar's Ltda, Odontoprev Servicos Ltda, Garcia Pedrosa Ltda and Adcon Administradora de Convenios Odontologicos Ltd. Furthermore, It is a subsidiary of Bradesco Saude SA, a unit of Banco Bradesco SA's Bradesco Seguros e Previdencia SA.