Raizen Cuts Investment, Says ‘Most Acute’ Cash Pressure Is Past
2026-06-30 13:47:09
Brazilian sugar and fuels company Raizen SA is further cutting spending this year after reporting a quarterly cash burn and roughly doubling its impairment charge for the crop year, according to Bloomberg.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
U.S. Chicago PMI Falls to 56.7 in June