The Brazilian state oil and gas and petrochemical company, Petrobras, in the second quarter of 2018 increased its net profit 32 times year-on-year to 10 billion 70 million reals. A significant increase in the index was facilitated by the recovery of oil prices. Adjusted EBITDA increased by 57% to 19 billion 100 million reals. Quarterly revenue amounted to 74.5 billion reals, increased by 9%. By June 30, net debt of Petrobras decreased by 13% compared to December last year and amounted to 73 billion 700 million dollars. Since the beginning of the year, the company's capitalization has grown by more than a third to 281 billion 300 million reals.
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