May 9, 2018 / 11:11 PM / 7 months ago

Brazil's Braskem reports first quarter profit slump

RIO DE JANEIRO, May 9 (Reuters) - Brazilian petrochemical producer Braskem posted a 42 percent drop in profit in the first quarter compared to the same period last year, flagging programmed maintenance, and an unreliable electricity supply.

Its profit was 1.054 billion reais ($306.29 million) in the first three months of the year. Adjusted earnings before interest, taxes, depreciation and amortization, a gauge of operational profit known as EBITDA, was 2.652 billion reais, a 26 percent drop compared to the first quarter of last year. ($1 = 3.5914 reais) (Reporting by Alexandra Alper; Editing by Sandra Maler)

Nuestros Estándares:Los principios Thomson Reuters
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below