WEG’s Q1 Performance: Gains Amid Challenges

Brazil’s WEG reported a net profit of R$1.327 billion ($255.13 million) in the first quarter of 2024, a 1.6% increase from the same period last year. This growth occurred despite a significant 23.9% decrease from the fourth quarter of 2023. This fluctuation underscores the company’s dynamic financial landscape amidst varying market conditions. WEG S.A. is […]

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