In the 1st quarter of Petrobras lowered net profit by 14,4% in annual comparison

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The Brazilian state oil and gas and petrochemical company (Petrobras) in the first quarter received Petroleo Brasiliero SA of 38,16 billion Brazilian reals ($7,34 billion) net profit, is reported in the report of companies. The result of January-March, 2023 conceded to an indicator of the similar period of last year for 14,4%, and to previous quarter - for 12%. Petrobras notes that deterioration of financial performance is connected, generally with reduction of prices of Brent for the reporting period that was partially compensated by reduction of operating expenses. The revenue of companies made 139,07...
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Petrobras
Main activity:Production of coke, oil products and nuclear materials
Brent
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