Smiles Fidelidade S.A. Announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was BRL 253.264 million compared to BRL 278.888 million a year ago. Operating income was BRL 226.838 million compared to BRL 200.406 million a year ago. Net income was BRL 179.536 million compared to BRL 164.565 million a year ago. For the full year, sales was BRL 1,051.124 million compared to BRL 987.444 million a year ago. Operating income was BRL 765.843 million compared to BRL 741.969 million a year ago. Net income was BRL 626.725 million compared to BRL 645.842 million a year ago.