Brazil’s Melnick Posts Record R$112 Million Annual Profit as Porto Alegre Developer Bets Big on São Paulo Expansion

2026-03-19 - 14:00

3 Key Points —Melnick reported Q4 net income of R$34.4 million ($6.6M), essentially flat year-over-year (+0.5%) but up 37.3% sequentially — a soft quarter whose impact was masked by a record full-year profit of R$112.1 million ($21M), a 57% annual surge that lifted return on equity to 12.8% from 5.9% in 2024, confirming that Porto