Tuesday, February 10, 2015

Santos Brazil has net income of r $ 18.1 mi in 4th Qtr

Brazil's Santos Participações recorded net income of r $ 18.1 million in the fourth quarter of 2014, which represents 77% drop compared to the same period in 2013.
In the last year-to-date, net profits fell 64.1% over the previous year, to $ 91.5 million.
The Ebitda (earnings before interest, taxes, depreciation and amortization) totaled r $ 49.1 million between October and December last year, 61.9% indentation on the fourth quarter of 2013.
In 2014, the accumulated Ebitda was r $ 292,9 million, 44.5% lower on the amount verified in the previous year.
The company's net revenue was r $ 212.4 million in the fourth quarter of last year, fall of 40.3% compared to the same range of 2013.
Throughout the year of 2014, net operating revenue was 1.003 billion, 27.1% indentation about 2013.
Exame 10/02/2015 News Item translated automatically
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