BUSINESSTHE RIO TIMES
Rice Giant Camil Sinks 18% After Its Profit Falls by More Than Half
Camil, a major rice company, reported a 57.6% drop in profit to R$28 million and an 18% decline in share price due to cheap grain prices. The results marked the opening of Brazil's financial season.
Related Signal
Adjacent reporting
- Brazilian conglomerate Cosan narrows its loss and slashes debt by 46% as rail unit Rumo doubles Q4 profit
- Argentina Markets: Merval & the Peso — July 17, 2026
- Cosco’s Profit Drops by Half as Lower Freight Rates Bite
- Mexican Conglomerate Grupo Carso Reports Net Profit, Not Loss, Despite $150 Million Earnings Drop
- Brazil Markets: Ibovespa & the Real — July 17, 2026
- Argentina Markets: Merval & the Peso — July 15, 2026