Petrobras Reports Third-Quarter Loss
November 12 2015 - 5:50PM
Dow Jones News
RIO DE JANEIRO—Brazil's state-run oil firm Petroleo Brasileiro
SA on Thursday reported third-quarter net loss of 3.76 billion
reais ($997 million), compared with a loss of 5.3 billion reais a
year earlier, after a sharp fall in the Brazilian currency and
sustained low oil prices.
Petrobras' Ebitda increased 83% to 15.51 billion reais over the
same period last year, helped by higher fuel prices in Brazil.
The company's revenue was 82.24 billion reais, down 6.9% from
the previous year.
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(END) Dow Jones Newswires
November 12, 2015 17:35 ET (22:35 GMT)
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