The company posted a loss of R$48.7m ($13.3m) in the full year 2015, compared with a a loss of R$167.4m in the whole 2014. In the fourth quarter of 2015, the company posted a profit of R$82m, reversing a deficit of R$65m in the same period a year earlier.
“The results reflect the improvements in management and control that were implemented in the past few years,” says André Dorf, the company's CEO.
While
