09:51 AM EDT, 03/27/2026 (MT Newswires) -- (Updates with details on material uncertainty in the fourth paragraph)

Braskem ( BAK ) reported Friday a Q4 net loss attributable to the company's shareholders of 10.28 billion Brazilian reais ($1.95 billion), widening from a loss of 5.65 billion reais a year earlier.

Gross revenue for the quarter ended Dec. 31 was 18.30 billion reais, down from 22.44 billion reais a year earlier.

Comparable analyst estimates were not readily available.

Recent events or conditions "indicate that a material uncertainty exists

that may cast significant doubt on the company's ability to continue as a going concern," the company said.

Shares of the company were down over 12% in recent trading Friday.

Price: 3.80, Change: -0.13, Percent Change: -3.31