BUTANTA, Brazil (AP) — BUTANTA, Brazil (AP) — Braskem SA (BAK) on Monday reported first-quarter net income of $119.5 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Butanta, Brazil-based company said it had profit of 30 cents.
The petrochemical company posted revenue of $3.33 billion in the period.
The company’s shares closed at $3.62. A year ago, they were trading at $7.36.
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