Article: Braskem's EBITDA Reaches R$ 529 Million in 1Q04.

Braskem S.A. (BOVESPA: BRKM5) (LATIBEX: XBRK), leader in the thermoplastic resins segment in Latin America and among the five largest Brazilian privately owned industrial companies, today announced its earnings for the first quarter of 2004. Results are stated in Reals in accordance with Brazilian Corporate Law, except that results presented herein are not in accordance with CVM Instruction 247 as they exclude the effects of proportional consolidation. The financial information and analysis contained herein reflect the organizational structure of Braskem S/A ("Braskem") as of March 31, 2004. Comments in this release refer to the consolidated earnings, with all comparisons ...

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