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Companhia Brasileira de Distribuiçí£o posts Q2 profit
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Companhia Brasileira de Distribuição said its normalized net income for the second quarter was 213.9 million reais.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin was 0.7%.
Total revenue came to 16.68 billion reais, and total operating expenses came to 16.27 billion reais.
Reported net income came to a loss of 275.0 million reais, or a loss of 1.03 reais per share.
As of July 28, US$1 was equivalent to 3.27 reais.