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    Home»Economy»Eletrobras made a profit of R$2.5 billion in the second quarter – Money Times
    Economy

    Eletrobras made a profit of R$2.5 billion in the second quarter – Money Times

    Charlotte WhitmoreBy Charlotte WhitmoreAugust 12, 2021No Comments1 Min Read
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    Eletrobras made a profit of R.5 billion in the second quarter – Money Times
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    Eletrobras made a profit of R.5 billion in the second quarter – Money Times
    Net operating income reached R$7.9 billion in the second quarter of 2021 (Image: Reuters)

    Balance Eletrobras (ELET3) recorded a net profit of R$ 2.5 billion in the second quarter of this year, an increase of 439% over the same period in 2020.

    The recurring net income, of R$4.5 billion, was 601% higher than the result obtained in the second quarter of 2020. The results are presented today (11).

    Net operating income of R$7.9 billion in the second quarter of 2021, an increase of 49% compared to the same quarter of the previous year; The Ebitda (English abbreviation for earnings by OutlayAnd taxes, depreciation and amortization) R$3.3 billion, a growth of 64%.

    The repeated Ebitda was 116% higher.

    Investments

    In the field of power generation, investments amounted to R$ 483 million, of which R$ 154 million is in maintenance and R$ 329 million is under implementation.

    Of this total, R$ 250 million was allocated to Angra 3. In transmission, R$ 277 million were invested, of which R$ 213 million was allocated to reinforcements and improvements.

    See the result below:

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    Charlotte Whitmore

    Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.

    See also  European Parliament approves deal with UK and closes Brexit - 04/28/2021
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