Rede Energia Participações S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 3,675.07 million compared to BRL 3,720.36 million a year ago. Net income was BRL 315.66 million compared to BRL 402.11 million a year ago.

Basic earnings per share from continuing operations was BRL 0.15 compared to BRL 0.19 a year ago. Diluted earnings per share from continuing operations was BRL 0.15 compared to BRL 0.19 a year ago.