Home Business Brazil’s Usiminas reports Q4 net loss of 195 mln reais

Brazil’s Usiminas reports Q4 net loss of 195 mln reais

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BRASILIA, Feb 17 (Reuters) – Brazilian steelmaker Usiminas
<USIM5.SA> on Friday reported a fourth-quarter net loss of 195
million reais ($63.13 million) versus a net loss of 1.6 billion
a year earlier.
The company reported adjusted earnings before interest,
taxes, depreciation and amortization (EBITDA) of 234 million
reais.
($1 = 3.0889 reais)

(Reporting by Stephen Eisenhammer; editing by Jason Neely)