Petrobras Reports Stable Interim Financials

Petroleo Brasileiro SA- Petrobras (PBR) has released an update.

Petrobras showcases an increase in total assets to R$1,394,573,000 as of June 30, 2024, from R$1,309,830,000 at the end of the previous year, according to their latest interim financial report. A significant boost in cash and cash equivalents reflects in the current assets, jumping from R$2,562,000 to R$22,606,000. Meanwhile, the company’s total liabilities match the total assets, indicating a stable financial position in the interim.

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