Petrobras Reports 36.9 Bln Real Quarterly Loss
Brazil's state-run oil company Petroleo Brasileiro SA reported a fourth-quarter loss of 36.9 billion reais ($10.2 billion), according to a securities filing.
Net sales, or total sales minus sales taxes, was 85.1 billion reais in the quarter and adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, was 17.1 billion reais.
($1 = 3.6119 Brazilian reais)
(Reporting by Jeb Blount in New York, and Guillermo Parra-Bernal Sao Paulo)