Equatorial Energia S.A. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2017
Equatorial Energia S.A. reported consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported operating revenues of BRL 2,475,715,000 compared to BRL 2,491,663,000 a year ago. Net operating revenues were BRL 1,747,422,000 compared to BRL 1,733,823,000 a year ago. EBITDA was BRL 214,516,000 compared to BRL 254,919,000 a year ago. Operating income was BRL 117,234,000 compared to BRL 157,359,000 a year ago. Income before tax was BRL 74,140,000 compared to BRL 222,717,000 a year ago. Net income was BRL 64,081,000 compared to BRL 170,618,000 a year ago. Net income to the company's Shareholders was BRL 49,558,000 compared to BRL 139,104,000 a year ago. Net debt as at March 31, 2017 was BRL 2,712 million compared to BRL 1,977 million a year ago.