Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

Petrobras Posts $9bn Profit, up 40x YoY

Petrobras Posts $9bn Profit, up 40x YoY

Brazilian oil producer Petrobras reported a net profit of $8.64bn in Q1 2022, 40x higher compared to the previous year, on higher revenue growth of 73.2% to $27.19bn. Revenues increased mainly due to higher Brent crude prices, higher volumes of oil sales in the...
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