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São Martinho Profit Plunges 39% as Lower Sugar Prices and Strategic Ethanol Delay Hit Q1 Results
Small CapsAug 11

São Martinho Profit Plunges 39% as Lower Sugar Prices and Strategic Ethanol Delay Hit Q1 Results

Brazilian agribusiness giant São Martinho reported a 39.3% drop in net profit for 1Q27, driven by falling commodity prices and a decision to withhold ethanol sales.