Energisa S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 08:40 pm EDT
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Energisa S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 6,586.07 million compared to BRL 6,284.2 million a year ago. Net income was BRL 484.26 million compared to BRL 915.87 million a year ago. Basic earnings per share from continuing operations was BRL 0.23 compared to BRL 0.51 a year ago. Diluted earnings per share from continuing operations was BRL 0.23 compared to BRL 0.5 a year ago.
For the six months, sales was BRL 13,126.59 million compared to BRL 12,674.98 million a year ago. Net income was BRL 884.29 million compared to BRL 1,330.66 million a year ago. Basic earnings per share from continuing operations was BRL 0.43 compared to BRL 0.74 a year ago. Diluted earnings per share from continuing operations was BRL 0.43 compared to BRL 0.7169 a year ago.
Energisa SA is a Brazil-based holding company involved in the energy sector. Through its subsidiaries, the Company is mainly engaged in the distribution and marketing of electric energy. It distributes energy for residential, industrial, commercial and rural consumption. The Company operates in the states of Rio de Janeiro, Sao Paulo, Parana, Minas Gerais, Sergipe, Paraiba, Mato Grosso, Mato Grosso do Sul, Tocantins, Rondonia and Acre. In addition to entities engaged in the electric energy distribution, the Company's subsidiaries include Energisa Solucoes SA, which provides services related to generation and distribution of electric power; Energisa Servicos Aereos SA, which provides thermographic inspection services; and Energisa Planejamento e Corretagem Seguros Ltda, involved in the insurance brokerage, among others.
ENERGISA S.A. 
