1 MIN. DE LECTURA
SAO PAULO, Aug 10 (Reuters) - Cosan SA Industria & Comercio , one of Brazil's largest energy and logistics group, missed second-quarter profit estimates on Wednesday after revenue declined and expenses and taxes rose sharply.
São Paulo-based Cosan earned 281.6 million reais ($89.9 million) in net income last quarter, compared with 16.4 million reais in the year-earlier period. The number was slightly below analysts' average consensus estimate of 294.5 million reais for profit in the second quarter, as compiled by Thomson Reuters.
$1 = 3.13 Brazilian reais Reporting by Marcelo Teixeira; Additional reporting by Guillermo Parra-Bernal; Editing by Alan Crosby