SAO PAULO SP, Brazil (AP) — SAO PAULO SP, Brazil (AP) — Cosan S.A. (CSAN) on Monday reported a loss of $174 million in its first quarter.

On a per-share basis, the Sao Paulo Sp, Brazil-based company said it had a loss of 38 cents. Losses, adjusted for non-recurring costs, were 1 cent per share.

The bioethanol company posted revenue of $1.85 billion in the period.

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