Petrobras has net profit of R $ 36.6 billion in 2024, a drop of 70.6%

Petrobras registered net loss of R $ 17 billion in the fourth quarter, compared to net income of R $ 31 billion in the same period of 2023, with exchange rate impacts related to the exchange rate, the company said on Wednesday (26).

In 2024, the company’s net profit retreated 70.6%to R $ 36.6 billion, mainly “for exclusive events, mostly without effect in the company’s cash.”

The result comes after the company registered the second largest net income in its history in 2023, of R $ 124.6 billion.

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