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Braskem S.A. Reports Significant Losses for Fiscal Year 2024

Story Highlights
  • Braskem S.A. operates in the petrochemical industry, focusing on thermoplastic resins.
  • Braskem reported a substantial loss of BRL 11.32 billion for 2024, impacting its financial standing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Braskem S.A. Reports Significant Losses for Fiscal Year 2024

Braskem SA ( (BAK) ) has shared an update.

On February 26, 2025, Braskem S.A.’s Fiscal Council held a meeting to review the company’s financial performance for the fiscal year ending December 31, 2024. The council approved the annual financial statements and management report, which revealed a significant loss of approximately BRL 11.32 billion, contributing to accumulated losses of over BRL 14 billion. This financial outcome reflects challenges faced by the company, potentially impacting its market position and stakeholder confidence.

More about Braskem SA

Braskem S.A. is a publicly held company based in Brazil, operating within the petrochemical industry. It is primarily involved in the production of thermoplastic resins and other petrochemical products, serving a global market with a focus on sustainable development and innovation.

YTD Price Performance: 2.00%

Average Trading Volume: 988,013

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.66B

See more insights into BAK stock on TipRanks’ Stock Analysis page.

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