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General

Oi achieves positive net operating cash flow in July

Wednesday 16 September 2020 | 13:39 CET | News
Oi ended July with BRL 7.8 million of positive net operating cash flow, an improvement over the negative BRL 7.7 million observed in the previous month. The data comes from the monthly report of judicial administrator Arnoldo Wald, which is managing the company's court-led debt restructuring process. In July, receipts rose BRL 5 million on the previous month, to BRL 2.05 billion, while payments dropped by BRL 80 million, to BRL 1.52 billion.

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Categories: General
Companies: Oi
Countries: Brazil
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