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

Story Highlights
  • Braskem S.A. operates in the petrochemical industry, producing thermoplastic resins.
  • The company reported a BRL 11.32 billion loss 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) ) just unveiled an announcement.

On February 26, 2025, Braskem S.A.’s Board of Directors held a meeting to review and approve the company’s financial statements for the fiscal year ending December 31, 2024. The board acknowledged a significant loss of BRL 11.32 billion for the year, which contributes to an updated accumulated loss of BRL 14.03 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 in the petrochemical industry. The company is 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 data about BAK stock on TipRanks’ Stock Analysis page.

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