9 de agosto de 2017 / 22:03 / en 3 meses

Brazil's Cosan reports quarterly loss of 76 mln reais

SAO PAULO, Aug 9 (Reuters) - Brazil’s Cosan SA Indústria e Comércio reported on Wednesday a net loss of 76 million reais ($24 million) in the second quarter, compared to a profit of 279 million reais a year earlier, partially due to a slow start to the cane harvest.

The Brazilian sugar, energy and logistics company said earnings before interest, tax, depreciation and amortization, a common gauge of profitability known as EBITDA, reached 804.3 million reais, 35 percent below a year earlier.

$1 = 3.15 reais Reporting by Marcelo Teixeira; Editing by Chris Reese

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