Ecorodovias Q3 profit falls 5.3% to R$407M, recurring up 17.5%

Ecorodovias reported Q3 net profit of R$407 million, down 5.3% year-over-year, including a one-off deferred tax credit of R$86.4 million. Excluding that, recurring profit rose 17.5% to R$321.2 million, indicating underlying operational strength. The market impact is limited as this is a single company earnings release, but the recurring growth may be mildly positive for the stock.

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