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Article: Bradespar Announces R$ 863.7 Million Net Income in the 9M07.
- Article from:
- PR Newswire
- Article date:
- November 13, 2007
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SAO PAOLO, Brazil, Nov. 13 /PRNewswire-FirstCall/ -- Bradespar released, on November 12, 2007, its 3Q07 results:
Highlights
* The net income results of R$232.1 million in the 3Q07 and R$863.7
million in the first nine months of the year (9M07) were all-time highs
for the company in the respective periods.
* The discount between Bradespar's net asset value and its market
capitalization, which stood at 15% at yearend 2006, narrowed to 3% by
the close of the 3Q07.
* Average daily trading volume in Bradespar preferred stock (BRAP4) has
posted steady improvement, rising to R$59.0 million in ...