Correios reported today that the accumulated loss for the year amounted to R$6 billion as of September, in a period marked by lower revenues and an increase in operating expenses.
The state-owned company is facing financial difficulties and has sent its restructuring plan to the Federal Court of Audit (TCU), according to the report. value.
In the statement issued to the press about the result obtained in September, the company also mentioned “greater demands in the management of judicial and labor liabilities.” The company said that these factors “affected the indicators and reinforced the importance of the strategic measures already underway to restore the company’s financial balance.”
Last Friday, the government announced a contingency plan worth R$3 billion due to the deficit at Correos.
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