Venezuela PDVSA's profits down 63 pct in 1st qtr -bond prospectus
CARACAS, Sept 27 (Reuters) - Profits of Venezuelan state oil company PDVSA were down 63 percent in the first three months of 2016, compared with the same period last year, according to data published in the company's bond swap prospectus this week.
PDVSA earned $2.087 billion in the year to March, compared with $5.677 billion in the same period last year, according to the document. (Reporting by Deisy Buitrago.; Additional reporting by Corina Pons; Writing by Girish Gupta; Editing by Leslie Adler)
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