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Energisa (ENGI11) Reports R$40M Net Loss in Q2 2023 Despite Strong Dividends, Recurrent Profit Drops 80%

Brazilian utility Energisa posted a R$40M net loss in Q2 2023, influenced by a R$596M non-cash charge, while core recurrent profit plummeted 80%.

By Tom Becker

Published
Energisa (ENGI11) Reports R$40M Net Loss in Q2 2023 Despite Strong Dividends, Recurrent Profit Drops 80%
Illustration — BRZ.news

Brazilian utility Energisa posted a R$40M net loss in Q2 2023, influenced by a R$596M non-cash charge, while core recurrent profit plummeted 80%.

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