Braskem: Q4 Earnings Snapshot
March 12, 2021 GMT
BUTANTA, Brazil (AP) Braskem SA (BAK) on Friday reported fourth-quarter net income of $156.8 million, after reporting a loss in the same period a year earlier.
The Butanta, Brazil-based company said it had net income of 39 cents per share.
The petrochemical company posted revenue of $3.47 billion in the period.
For the year, the company reported that its loss widened to $1.3 billion, or $3.26 per share. Revenue was reported as $11.37 billion.
Braskem shares have increased 34% since the beginning of the year. The stock has increased 12% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAK at https://www.zacks.com/ap/BAK
Braskem: Q4 Earnings Snapshot
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