Santos Brasil reverses loss and makes $5.9 mm profit

Santos Brasil reversed the loss of R$ 13 million ($2.5 mm) in the first quarter of 2020 and closed the first three months of 2021 with a profit of R$ 30.9 million ($5.9 mm), shows document sent to the market. Net revenue rose 40.6%, going to R$ 314 million ($60.4 mm).

Source: Money Times