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AES Eletropaulo
Eletropaulo Recorded Net Income of R$ 148.3 Million and EBITDA of R$ 381.1 Million in 3Q08
November 28th, 2008
Eletropaulo Metropolitana Eletricidade de Sao Paulo S.A. (Bovespa: ELPL3, ELPL5 and ELPL6; OTC: EPUMY and ELPSY), the largest electric energy distribution Company in Latin America, announced its results of the 3rd quarter, 2008. Comments by Alexandre Innecco - Chief Financial Officer and Investor Relations Director The consumption of captive customers in Eletropaulo's concession area rose by 5.9% and came to 8,635.3 GWh, which contributed to generating net revenues of R$ 1,960.9 million, 11.6% higher than the 3Q07 revenues. ANEEL granted Eletropaulo a positive 8.01% tariff adjustment on July 4, 2008. The full impact after its...
Source: Health Business Week (2008-11-28)
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