🟢 Paranapanema is trading 5.88% up today after second-quarter EBITDA jumped 187% year over year

Paranapanema is trading at BRL 0.18, up 5.88%, following its August 31 second-quarter results release, which reported BRL 69 million EBITDA, up 187% year over year.

• The company still posted a BRL 63.8 million adjusted net loss, but highlighted fixed-cost reductions after suspending a plant.
• The move extends gains after the stock closed at BRL 0.17, up 6.25%, on September 1.