Bloomberg News

Petrobras Reports First-Quarter Profit of 9.2 Billion Reais

May 15, 2012

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil producer, posted a first-quarter profit of 9.2 billion reais.

A year earlier, net income was 10.99 billion reais, Rio de Janeiro-based Petrobras said today in a statement to Brazil’s securities regulator.

To contact the reporter on this story: Peter Millard in Rio de Janeiro at pmillard1@bloomberg.net

To contact the editor responsible for this story: Robin Saponar at rsaponar@bloomberg.net


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