Survey: During Pandemic Most Brazilian Companies Return to 2009 Profitability Levels

A study by the Center for Capital Market Studies (CEMEC/FIPE) assessed the financial situation of 460 companies.

RIO DE JANEIRO, BRAZIL - The novel coronavirus pandemic has sharpened the decline in profitability of Brazilian companies to its lowest level since 2009.

The profitability rate is even lower than the cost of capital, which represents the cost of money for the Subscribe to our Premium Membership Plan. Already Subscribed?