Vale reported a net loss of $694 million for the fourth quarter of 2024, reversing its previous profit. The company also announced a 23% decline in its annual profit, totaling $6.16 billion. In contrast, Carrefour posted a net profit of R$1.2 billion for the same period, benefiting from a tax effect. The Group Pão de Açúcar (GPA) faced a net loss of R$1.1 billion, with analysts noting operational improvements despite ongoing pressures. Assaí recorded a profit of R$430 million, marking a 45% increase year-on-year. Gerdau's net profit adjusted for the fourth quarter was R$666 million, reflecting a 9% decline. Neoenergia reported a net profit of R$852 million, down 12% from the previous year. Overall, the results highlight mixed performance among major companies in the Brazilian market, with some facing significant losses while others achieved gains.