Arauco’s net income for the 3Q 2016 was $31.4 million, a decrease of 45.3%, or $26 million compared to the $57.5 million obtained in the 2Q of this year, as the company said in the press release received by Lesprom Network.

Revenues reached $1,187.5 million during the 3Q 2016 compared with the $1,207.3 million in the previous quarter, impacted by the lower revenues in our pulp and forestry business segments.

Adjusted EBITDA for the 3Q 2016 was $256.1 million, 9.6%, or $27.2 million lower than the $283.4 million reached during the previous quarter.

Arauco is a Chilean wood pulp, engineered wood and forestry company.