Braskem posts quarterly loss of USD777 mln, amid forex swings, expenses

Braskem posts quarterly loss of USD777 mln, amid forex swings, expenses
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04.06.2020

MOSCOW (MRC) -- Brazilian petrochemical firm Braskem SA reported on Wednesday a net loss of USD777 million in the first quarter compared with a profit of USD243 million a year ago, as foreign exchange oscillations led to higher financial expenses, reported Reuters.The company said financial expenses grew to USD1.332 billion in the quarter ended March 31 from USD243 million a year ago, giv

Full article at mrcplast.com

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