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Petrobras closes 2020 with net profit of R$ 7.1 billion

T&B Petroleum/Petrobras Agency
25/02/2021 14:51
Petrobras closes 2020 with net profit of R$ 7.1 billion Imagem: Andrea Marques de Almeida, Petrobras Visualizações: 1426 (0) (0) (0) (0)

In a year marked by countless challenges caused by the Covid-19 pandemic and the consequent drop in global fuel demand, Petrobras managed to reverse the trajectory of its accounting performance in the first nine months of the year and reached a net profit of R$ 59, 9 billion in the fourth quarter of 2020. In the year, the company achieved a net profit of R$ 7.1 billion, ending 2020 with a solid operating and financial performance.

 

Watch the video of Petrobras' Director of Finance and Investor Relations, Andrea Marques de Almeida, about the year's results.

 

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