Friday, July 28, 2017

Klabin''s net loss of R$378 mi in 2nd tri

SAO PAULO-the producer of pulp and paper for packaging Klabin had net loss of 378 million reais in the second quarter, compared with profit of 1.268 billion reais in the same period last year.
The company showed cash generation as measured by earnings before interest, taxes, depreciation and amortization (Ebitda) adjusted for 595 million reals, up from 11% in the second quarter of 2016.
DCI – 27/07/2017
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