BUSINESSJul 16 · 17:51 UTCTHE RIO TIMESSofia Gabriela Martinez

Brazilian conglomerate Cosan narrows its loss and slashes debt by 46% as rail unit Rumo doubles Q4 profit

Brazilian conglomerate Cosan reduced its expanded net debt by 46% in a single quarter, from R$18.2 billion to R$9.8 billion, while its rail unit Rumo more than doubled its adjusted net income to R$441 million in Q4.

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Cosan SAorganizationRumoorganizationBrazilplace

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