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Brazil's Sao Martinho Q4 profit down, swings to fiscal '10 profit

机译:巴西圣马丁尼奥(Sao Martinho)第四季获利下滑,至'10财年

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London—Brazilian sugar and ethanol producer Sao Martinho reported late Tuesday a net profit of Real 20.9 million ($11.6 million) for the fourth quarter of its fiscal year ending March 31, down from Real 33.2 million the previous year. The company attributed the drop to higher operating costs, which increased to Real 42.5 million form Real 10.4 million. For fiscal year 2010, however, Sao Martinho posted a net profit of Real 93.2 million, reversing the net loss of Real 71.8 million reported the previous 12 months. It said the rise in full-year net profit was due to higher sugar prices, increased sugar sales and higher ethanol values in the Brazilian domestic market.
机译:伦敦—巴西糖和乙醇生产商圣马丁(Sao Martinho)周二晚间公布了截至3月31日的第四季度净利润为2090万雷亚尔(合1160万美元),低于去年同期的3320万雷亚尔。该公司将这一下降归因于较高的运营成本,该运营成本从1040万雷亚尔增加到4250万雷亚尔。但是,圣马丁岛2010财年的净利润为9320万雷亚尔,扭转了前12个月报告的7180万雷亚尔的净亏损。该公司表示,全年净利润的增长是由于巴西国内市场糖价上涨,糖销量增加以及乙醇价格上涨所致。

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