Gerdau S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 28, 2020 at 04:22 pm EDT
Gerdau S.A. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was BRL 12,222.108 million compared to BRL 9,930.829 million a year ago. Net income was BRL 785.541 million compared to BRL 285.629 million a year ago. For the nine months, sales was BRL 30,194.482 million compared to BRL 30,110.543 million a year ago. Net income was BRL 1,317.438 million compared to BRL 1,104.167 million a year ago.