Brazil's Usiminas reports 4th-qtr net loss of 117 mln reais

miércoles 18 de febrero de 2015 10:44 GYT
 

RIO DE JANEIRO Feb 18 (Reuters) - Usinas Siderurgicas de Minas Gerais SA, the Brazilian steelmaker known as Usiminas, reported a fourth quarter net loss of 117 million reais ($41.3 million) on Wednesday.

The company was supposed to release financial results on Friday morning though the board had not yet approved the report by that time.

Usiminas earned 47 million reais in the fourth quarter of 2013.

($1 = 2.83 Brazilian reais) (Reporting by Asher Levine and Alberto Alerigi Jr.; Editing by Chizu Nomiyama)