Duke Energy Geracao Paranapanema reported earnings results for the third quarter ended September, 2013. The company recorded a net profit of BRL 115.6 million ($51.1 million/EUR 37.8 million) for the third quarter of 2013, a 78% annual jump. Earnings before interest, tax, depreciation and amortisation grew by 33.6%, to BRL 254.7 million.

Gross operating revenue rose to BRL 348.7 million from BRL 299.5 million a year ago due to the higher electricity prices between July and September. Net debt shrank by 31.9% to BRL 469.8 million in the third quarter.