Mendes Junior Engenharia posts US$2.7mn 9mth net profit
Bnamericas Published: Monday, December 01, 2003
Brazilian engineering and construction company Mendes Junior Engenharia posted an 8mn-real (US$2.7mn) net profit in the first nine months, versus a 6.49mn-real net loss in the same period last year. For the period, operating profit closed at 13.5mn reais, compared to a 7.64mn-real operating loss in the same period last year, while revenue fell 7.39% to 2.6mn reais, Mendes said in a statement to the country's securities regulator, the CVM. Mendes Junior is participating in the contract processes for the expansion and modernization of the Rio de Janeiro (Santos Dumont), Vitoria and Goiania airports.
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