Guaraniana posts R$ 2.85m IH net loss, down 97.57%
Bnamericas Published: Wednesday, August 13, 2003
Energy and telecommunications group Guaraniana announced on Tuesday afternoon that it had reduced its first half net losses to 2.85mn reais (US$941,000), down 97.57% from the same period in 2002. Net revenue totaled 1.56bn reais in the first half, compared with 1.41bn reais over the same period in 2002. On June 30, Guaraniana's net equity totaled 4.64bn reais.
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