Detail akcie Electrobras Depository Receipt online

Business Summary: Brazilian Electric Power Co is a Brazil-based energy company. It generates and transmits the electric power across Brazil through regional subsidiaries and numerous Special Purpose Entities (SPE). Most of the Company’s installed capacity derives from low-carbon energy sources: hydro, wind, solar and nuclear. The Company’s activities can be divided into four operation areas: Energy Generation, Energy Transmission, Energy Efficiency and Governmental Programs. Brazilian Electric Power Co manages three programs of the Brazilian government in the electrical energy sector: the National Electrical Energy Conservation Program, the National Program for Universalization of Access and Use of Electrical Energy and the More Light for the Amazon Program. The Company has several subsidiaries, including Companhia de Geracao e Transmissao de Energia Eletrica do Sul do Brasil Eletrobras CGT Eletrosul, Companhia Hidro Eletrica do Sao Francisco and Centrais Eletricas do Norte do Brasil SA Eletronorte.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Brazilian Electric Power Co - ADR revenues decreased 5% to R$8.72B. Net income decreased 33% to R$328.1M. Revenues reflect Generation decrease of 10% to R$5.93B, Other Revenue decrease of 64% to R$79.4M, Allowances, Returns, and Other Adjustmen increase of 4% to R$1.85B. Net income also reflects Investment Income decrease of 27% to R$573.7M (income).