Tupy's profit slumps more than 67% in 2012
2/20/2013 -
The Tupy, automotive components company that intends to carry out a public offering of shares, had net income of r $ 66.4 million in 2012, fall from 67.4% in comparison with the previous year. The recipe, in turn, had high annual 22.2%, to r $ 2.7 billion, boosted by the consolidation of Mexican units, devaluation of the real by favouring the billing with outside sales and tax benefits. The cost of sales and operating expenses of 2012 grew 25.9% from 2011, for $ 2.4 billion.
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