Braskem: Q1 Earnings Snapshot
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BUTANTA, Brazil (AP) — BUTANTA, Brazil (AP) — Braskem SA (BAK) on Tuesday reported first-quarter net income of $35.5 million.
On a per-share basis, the Butanta, Brazil-based company said it had profit of 9 cents.
The petrochemical company posted revenue of $3.74 billion in the period.
Braskem shares have climbed 9.5% since the beginning of the year. The stock has dropped 36% 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
