STXNEWS LATAM-Brazil's OSX posts $1 billion loss in first quarter

BRASILIA, June 16 Mon Jun 16, 2014 7:31pm EDT

BRASILIA, June 16 (Reuters) - OSX Brasil SA, the bankrupt shipbuilder controlled by former Brazilian billionaire Eike Batista, posted a net loss of 2.42 billion reais ($1.08 billion) in the first quarter, the company said in a securities filing on Monday.

OSX reported a net loss of 17.9 million reais in the same period last year.

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