Braskem Q4 Loss Widens, Revenue Increases

MT Newswires Live
27 Feb

Braskem (BAK) reported a Q4 loss Thursday of 5.89 billion Brazilian reais ($1.01 billion), widening from a loss of 1.75 billion reais a year earlier.

Comparable analyst estimates were not readily available.

Net revenue for the quarter ended Dec. 31 was 19.15 billion reais, up from 16.69 billion reais a year earlier.

Analysts surveyed by FactSet expected 20.44 billion reais.

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