[Brazil] - Brazilian business make less profit and decrease financial investments

INSUBCONTINENT EXCLUSIVE:
The financial situation of companies is hindering investments, which had a 3.4% drop in the first quarter compared to the previous three
months
The data are from IBGE.Alexandre Maluf and Rodolfo Margato, economists at XP Investimentos, point out that companies are more indebted.The
nominal net operational revenue (not including inflation) grew by 4.51% compared to the first quarter of 2022 and 2023.The operating result
or cash generation, measured by Ebitda
.To read the full NEWS and much more, Subscribe to our Premium Membership Plan