Brazil steelmaker CSN reports Q1 loss of 831 mln reais

jueves 12 de mayo de 2016 08:07 GYT
 

BRASILIA May 12 (Reuters) - Brazilian steelmaker Cia Siderurgica Nacional said that first quarter net loss was 831.3 million reais ($241.32 million).

The company also reported net sales, or total sales minus sales taxes, of 3.844 billion reais and earnings before interest, taxes, depreciation and amortization, or EBITDA of 733 million reais. Ebitda is a measure of profit from operations.

($1 = 3.4448 Brazilian reais) (Reporting by Silvio Cascione; Editing by Chizu Nomiyama)