Brazilian manganese and ferroalloys producer Ferbasa saw its net profit in Q4 2021 surge 530.9 percent, year-over-year, to BRL 236.6 million ($46.5 million).
The company said net revenues in Q4 2021 was BRL 682.2 million ($134.1 million), 47.1 percent up, year-over-year.
The company posted an adjusted EBITDA of BRL 314.1 million ($61.7 million), 215.4 percent up, year-over-year. EBITDA margin in Q4 2021 grew to 46 percent from 21.5 percent in Q4 2020.
USD = BRL 5.08 (March 17)