Brazilian steelmaker Usiminas' net profit up 845% in first quarter
ReutersApr 24, 2025 11:18 AM
SAO PAULO, April 24 (Reuters) - Brazilian steelmaker Usiminas USIM5.SA reported on Thursday a first-quarter net profit of 337 million reais ($59.08 million), up 845% from a year earlier, beating market forecasts as sales of both steel and iron ore rose in the period.
Analysts polled by LSEG expected profit for the period of 225.02 million reais.
($1 = 5.7044 reais)
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