Vale has net profit of US$2.84 billion in the 3rd quarter

2023-10-26 23:50:14

(Reuters) – Mining company Vale recorded net profit of US$2.84 billion in the third quarter, versus US$4.45 billion in the same period last year, the company reported on Thursday.

Adjusted earnings before interest, taxes, amortization and depreciation (Ebitda) totaled 4.18 billion dollars between July and September, compared to 3.67 billion dollars in the same period in 2022.

(By Peter Frontini, in São Paulo, and Marta Nogueira, in Rio de Janeiro)

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