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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.480+9.7%3:59 PM EST

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To: Steve Fancy who wrote (1399)4/2/1998 11:58:00 AM
From: Steve Fancy  Read Replies (1) of 22640
 
TABLE-Telebras (NYSE:TBR) cons Jan-Feb net 647 mln real

Reuters, Thursday, April 02, 1998 at 09:54

SAO PAULO, April 2 (Reuters) - Brazilian federal
telecommunications firm Telebras (SAO:TEL_.P) released the
following January-February consolidated financial results, the
Sao Paulo bolsa said.
Jan-Feb 1998
Net 647 mln
Net Revs 2.870 bln
Oper Profit 1.171 bln
Net Fin Revs 123 mln
Net Worth 32.050 bln
NOTE: All figures in non-inflation-adjusted Brazilian reais.
No comparative January-February 1997 figures were provided.
The company also said its holding company posted a net profit
of 756 million reais in the two-month period.

Copyright 1998, Reuters News Service
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