CEMAR Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2018
CEMAR announced consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company’s net operating revenues were BRL 906,576,000 compared to BRL 680,880,000 a year ago. EBITDA was BRL 168,291,000 compared to BRL 98,353,000 a year ago. Operating income was BRL 118,084,000 compared to BRL 53,796,000 a year ago. Income before tax was BRL 103,211,000 compared to BRL 38,254,000 a year ago. Net income was BRL 85,081,000 compared to BRL 36,567,000 a year ago. Operating Revenue was BRL 1,230,896,000 compared to BRL 942,072,000 a year ago.