LISBON, Oct 29 (Reuters) - Portugal's largest utility, EDP
, reported on Thursday a 8% drop in its 9-month net
profit to 422 million euros ($499 million), hit by lower demand
in Iberia and Brazil primarily due to the COVID-19 pandemic and
the closure of a major coal plant.
The company, whose main shareholder is China Three Gorges,
said its consolidated earnings before interest, taxes,
depreciation and amortisation (EBITDA) dipped 2% to 2.63 billion
euros between January and September from a year ago.
($1 = 0.8461 euros)
(By Sergio Goncalves, Editing by Victoria Waldersee and Andrei