March 14, 2012 / 1:07 PM / in 6 years

Brazil's Braskem posts $112 mln loss in 4th qtr

March 14 (Reuters) - Brazil’s Braskem, Latin America’s largest petrochemical company, reported on Wednesday a net loss of 201 million reais ($112 million) for the fourth quarter, compared with a 356 million reais profit a year earlier.

Earnings before interest, taxes, depreciation and amortization, a gauge of operating profit known as EBITDA, was 718 million reais in the quarter, down 33 percent from a year earlier.

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