Brazil’s Vale reports quarterly net profit $3.9 billion

SAO PAULO (Reuters) – Brazilian miner Vale reported on Thursday third quarter net profit $3.9 billion, below analyst forecasts of $6.2 billion.

The company reported adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $6.9 billion.

(Reporting by Roberto Samora, writing by Stephen Eisenhammer)

The post Brazil’s Vale reports quarterly net profit $3.9 billion appeared first on Morningology.

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