Braskem third-quarter profit falls less than expected
By Reuters Staff
Petroleumworld 11 10 2017
Brazil's Braskem SA, Latin America's largest petrochemical company, reported a 7 percent fall in third-quarter net income to 764 million reais ($235 million), a securities filing showed on Thursday.
Profit beat a Thomson Reuters consensus of 703 million reais among analysts. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 9 percent when adjusted for non-recurring items to 2.746 billion reais, below an average forecast of 2.853 billion.
$1 = 3.2545 reais
Reporting by reporting by Bruno Federowski; editing by Jason Neely de Reuters.
reuters.com 11 09 2017
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