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Eletrobras made a profit of R.5 billion in the second quarter – Money Times

Eletrobras made a profit of R$2.5 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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