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

    Camelia KirkBy Camelia KirkAugust 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
    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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    Camelia Kirk

    "Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

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