VOICED : Ganancias de Petrobras caen a USD 100 millones

Petrobras reported a profit of 316 million reais in the second quarter, marking its third consecutive profitable quarter. However, this represents a 93% decrease from the previous quarter and a 14.6% decrease compared to the same period in 2016. The company faced significant losses in 2015 and 2016 due to falling oil prices, Brazil's recession, and a corruption scandal. By the end of June, Petrobras' net debt was over 93 million dollars, down from 104 million the previous year. To stabilize its finances, Petrobras announced a 25% cut in investments and launched an asset sale program aiming to generate 21 billion dollars by the end of 2018.

What was the profit of Petrobras in the second quarter of the year?

• 500 million reais

• 316 million reais

• 100 million reais

• 200 million reais

What were the main reasons for Petrobras' losses in 2015 and 2016?

• High oil prices and economic boom

• Increase in production costs

• Falling oil prices, recession, and corruption scandal

• Expansion into new markets

By the end of June, what was the net debt of Petrobras?

• 200 million dollars

• 150 million dollars

• 93 million dollars

• 104 million dollars

What percentage of investment cuts did Petrobras announce?

• 15%

• 25%

• 30%

• 10%

How much revenue does Petrobras aim to generate from its asset sale program by the end of 2018?

• 15 billion dollars

• 21 billion dollars

• 30 billion dollars

• 25 billion dollars