NOVA LIMA, Brazil (AP) — NOVA LIMA, Brazil (AP) — Afya Ltd. (AFYA) on Thursday reported fourth-quarter net income of $20.6 million.

The Nova Lima, Brazil-based company said it had net income of 22 cents per share. Earnings, adjusted for amortization costs and non-recurring costs, were 36 cents per share.

The medical education company posted revenue of $147.3 million in the period. Its adjusted revenue was $147.4 million.

For the year, the company reported profit of $77.4 million, or 86 cents per share. Revenue was reported as $576.1 million.

Afya shares have fallen 7.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $20.29, a rise of 83% in the last 12 months.


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