November 12, 2018 / 11:40 PM / a month ago

Brazil's Braskem sees profit rise 68 pct in Q3

Nov 12 (Reuters) - Strong operating results at home and larger margins abroad helped Brazilian petrochemical firm Braskem shrug off a weaker real against the dollar to record a strong third-quarter profit on Monday.

The largest petrochemical company in Latin America said it notched a net profit of 1.34 billion reais ($355.68 million) from July to September, up 68 percent from a year earlier. Braskem’s net revenue grew 34 percent year-on-year to 16.35 billion reais.

$1 = 3.7674 reais Reporting by Alusio Alves; Editing by Sandra Maler

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