Employees work at headquarters MercadoLibre (Online marketplace company) in Sao Paulo, Brazil, July 10, 2017. REUTERS/Nacho Doce/File Photo
SAO PAULO (Reuters) -Latin American e-commerce giant MercadoLibre on Thursday reported a $165 million fourth-quarter net profit, as higher sales were offset by a tax hit, with results flat versus the year-ago period.
The net profit was dented by two one-off taxes provisions in Brazil totaling $351 million, and came in below the $356 million net profit forecast by analysts polled by LSEG.
