BRASÍLIA, Brazil, Aug. 10, 2016 /PRNewswire/ -- This earnings release we reported results that reinforce the potential of CAIXA's insurance environment to create value and attest the resilience of our business model.
We have reached the best performance of revenue in our historical series, a total of R$111.4 million, an increase of 11.6% and 8.5% compared to 1Q16 and 2Q15, respectively. Our Net Income grew 17.6%, compared to the same period last year, reaching R$40.2 million in the quarter.
João Domingos Martins Villas
Chief Financial and Investor Relations Officer
Phone: +55 (61) 3426-9524
About PAR Corretora
We are the exclusive insurance brokerage firm for Caixa Seguradora through CAIXA's insurance distribution channels, and we operate as a strategic partner of both institutions.
We currently have approximately 1,500 employees and our major shareholders are CAIXA's Employees Work Federation (FENAE), Caixa Seguradora and GP Investments. On June 5, 2015, we have proudly executed our IPO (Initial Public Offering) and today we disclose our results for the second quarter of 2016.
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SOURCE PAR Corretora