From the Newsroom*
São Paulo – Eletrobrás, a Brazilian mixed capital company that operates in electric energy generation, had revenues of R$ 1.16 million (US$ 565,000), 19% greater than in the previous year.
The result was powered by the appreciation of the Brazilian real against the United States dollar and by the current economic stabilization of the country, which permitted the measures for financial balancing and management that are currently underway at Eletrobrás group. This information was disclosed by a spokesperson for the company.
*Translated by Mark Ament
