Alupar Investimento S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2020
August 11, 2020
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Alupar Investimento S.A. reported earnings results for the second quarter and six months ended June 30, 2020. For the quarter, the company reported Revenue from The Sale of Goods and/or Services of BRL 10.501 million compared BRL 22.592 million a year ago. Profit for the Period was BRL 72.109 million compared to BRL 110.913 million a year ago.
For the six months, the company reported Revenue from The Sale of Goods and/or Services of BRL 47.730 million compared BRL 121.501 million a year ago. Profit for the Period was BRL 251.258 million compared to BRL 511.416 million a year ago.
Alupar Investimento SA is a Brazil-based company primarily engaged in the electric utilities sector. The Company focuses on developing and investing in infrastructure projects involving the energy industry in Brazil and other Latin American countries. Its activities are divided into two business segments: Transmission and Generation. The Transmission division holds electric power transmission concessions in Brazil and Chile. The Generation division includes renewable electricity generation through hydroelectric power plants (HPPs), small hydroelectric plants (SHPs) and wind farms in Brazil, Colombia and Peru. The Company operates through numerous subsidiaries, such as Transminas Holding SA, Windepar Holding SA, Alupar Inversiones Peru SAC and Alupar Chile Inversiones SpA. The Company is controlled by Guarupart Participacoes Ltda.
ALUPAR INVESTIMENTO S.A. 
