Companhia Siderúrgica Nacional (SID) has released an update.
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Companhia Siderúrgica Nacional reported a notable increase in total assets, reaching R$63.2 billion as of September 30, 2024, up from R$60.5 billion at the end of 2023. This growth was driven by a rise in inventory and other current assets, despite a decrease in cash and cash equivalents. Investors may find the company’s expanding asset base and strategic financial positioning indicative of robust operational performance.
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