Csn Mineracao SaBMFBOVESPA: CMIN3

CSN Mineração: Net income fell sharply to R$454.7 million despite higher revenue and robust cash flow

· Issued by Csn Mineracao SA

Net revenue rose to R$13.1 billion, but net income dropped to R$454.7 million due to higher costs and financial expenses. Dividends and interest on equity of R$903.2 million were approved, and new iron ore prepayment contracts secured future sales.

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