SAO PAULO (Reuters) – Carrefour Brasil on Wednesday posted a third-quarter adjusted net profit that slumped 59% from a year earlier, hit by high interest rates on the retailer’s debt.
The Brazilian arm of French supermarket giant Carrefour posted a quarterly profit of 256 million reais ($49.5 million) compared to 621 million reais in the same period last year.
($1 = 5.1740 reais)
(Reporting by Andre Romani, Writing by Carolina Pulice)
