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RIO DE JANEIRO, BRAZIL - Federal state-owned companies recorded profits of R$24.6 billion (US$6.15 billion) in the first quarter of 2019, up 57.5 percent over the same period in 2018 (R$15.6 billion).

The figures are included in the 10th bulletin of federal state-owned Companies, published yesterday, August 1st, in Brasília, by the Secretariat of Coordination and Governance of State-owned Companies of the Ministry of Economy.

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