Cia De Ferro Ligas Da BahiaBMFBOVESPA: FESA3

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

· Issued by 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.

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