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Ferbasa: Net profit fell 42.4% as higher costs and tariffs offset revenue growth and strong cash reserves

Ferbasa: Net profit fell 42.4% as higher costs and tariffs offset revenue growth and strong cash reserves

Cia De Ferro Ligas Da BahiaMarch 6, 20263
Ferbasa: Net profit fell 42.4% as higher costs and tariffs offset revenue growth and strong cash reserves

About this update from Cia De Ferro Ligas Da Bahia

Net revenue grew 4.4% year-over-year, but net profit dropped 42.4% due to lower alloy prices and higher costs. Protectionist measures and grid restrictions impacted exports and wind power generation. R$240 million in dividends were distributed, and CAPEX reached R$300.1 million.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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