Smiles Fidelidade S.A. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was BRL 211.165 million compared to BRL 253.264 million a year ago. Operating income was BRL 90.095 million compared to BRL 226.838 million a year ago. Net income was BRL 89.823 million compared to BRL 179.536 million a year ago. For the full year, sales was BRL 572.916 million compared to BRL 1,051.124 million a year ago. Operating income was BRL 210.253 million compared to BRL 765.843 million a year ago. Net income was BRL 195.957 million compared to BRL 626.725 million a year ago.