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Brazil’s Braskem posts stronger net income for Q2

by ChemOrbis Editorial Team - content@chemorbis.com
  • 16/08/2017 (17:27)
According to a company statement dated August 16, 2017, Brazil’s Braskem’s net income increased by 275 million reais ($87 million) from a year earlier to reach 1.142 billion reais ($360 million) in the second quarter of 2017.

Braskem’s EBITDA (earnings before interest taxes depreciation and amortization) was up by 1% on a year over year basis to be reported at 3.029 billion reais ($955 million) when adjusted for one-off items.
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