-Braskem second-quarter net income jumps to 1.142 bln reais
Petroleumworld 08 17 2017
Brazil's Braskem SA , Latin America's largest petrochemical company, posted second-quarter net income of 1.142 billion reais ($360 million), up from 275 milion reais a year earlier, according to a securities filing on Wednesday.
Earnings before interest, taxes, depreciation and amortization, a gauge of operating profit known as EBITDA, rose 1 percent from a year earlier to 3.029 billion reais when adjusted for one-off items.
Story by Reuters.
08 16 2017
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