Braskem: Q2 Earnings Snapshot

BUTANTA, Brazil (AP) — BUTANTA, Brazil (AP) — Braskem SA (BAK) on Thursday reported second-quarter net income of $658 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Butanta, Brazil-based company said it had profit of $1.65.

The petrochemical company posted revenue of $4.3 billion in the period.

The company's shares closed at $2.07. A year ago, they were trading at $2.96.

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