Business
ISA Energía Brasil: Net income fell 17.6% as financial expenses rose, despite higher revenue and record investments
ISA Energía Brasil: Net income fell 17.6% as financial expenses rose, despite higher revenue and record investments
About this update from Isa Energia Brasil Sa
Net revenue grew 2.1% to R$1,131.9 million, but net income dropped 17.6% due to higher financial expenses and lower RBSE revenue. Investments rose 32.7%, and net debt/EBITDA exceeded the BNDES covenant, prompting waiver talks.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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