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Brazil's Gerdau posts small slide in second-quarter profit
2017年8月9日 / 中午11点44分 / 3 个月前

Brazil's Gerdau posts small slide in second-quarter profit

SAO PAULO, Aug 9 (Reuters) - Brazilian steelmaker Gerdau SA reported a net profit of 76.5 million reais ($24.5 million) in the second quarter, 3 percent below a net profit of 79 million reais a year earlier, according to a securities filing on Wednesday.

Earnings before interest, taxes, depreciation and amortization, a gauge of operating profit known as EBITDA, slid 3.8 percent to 1.006 billion reais, below the 1.046 billion reais seen in the second quarter of 2016.

$1 = 3.1276 reais Reporting by Alexandra Alper; Editing by Bruno Federowski and Chizu Nomiyama

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