Brazil's CSN posts Q4 net income of 316.1 mln reais

BRASILIA, March 28 Thu Mar 28, 2013 7:13pm EDT

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BRASILIA, March 28 (Reuters) - Cia. Siderúrgica Nacional SA , Brazil's second-largest producer of flat steel products, posted fourth quarter net income of 316.1 million reais ($156.77 million), compared with 817.1 million reais a year earlier, according to a securities filing on Thursday.

Earnings before interest, taxes, depreciation and amortization - a gauge of operational profit known as EBITDA - rose 14.0 percent to 1.222 billion reais from the third quarter, the company said.

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