Nov 14, 2022 SOURCE: AFP
Brazil's Embraer announces 3rd quarter loss
Brazilian plane-maker Embraer announced on Monday a third quarter loss of 160.4 million reais ($30.2 million) due to falling revenue in its defense and security sectors.
Compared to the third quarter in 2021, when Embraer lost 234 million reais, defense and security revenues fell by 42 percent.
That was partially offset,...
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