Braskem Q4 net profit falls amid lower margins
17.03.2022
MOSCOW (MRC) -- Braskem's net profit fell 37.4% year on year in the fourth quarter amid higher feedstock costs, said the company.The company reported strong Q4 and FY 2021 results with revenue growth and EPS improvement thanks to its strategic efforts. The growth was attributed to strong gains in both male and female merchandise categories. In addition, with changing consumer trends, the