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2 results for “non-cash charge

Energisa (ENGI11) Reports R$40M Net Loss in Q2 2023 Despite Strong Dividends, Recurrent Profit Drops 80%
PROSmall CapsAug 07

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%.

Energisa ENGI11 Posts R$40M Net Loss, Declares R$0.50 Dividend After Non-Cash Charge
MarketsAug 07

Energisa ENGI11 Posts R$40M Net Loss, Declares R$0.50 Dividend After Non-Cash Charge

Energisa (ENGI11) posted an R$40 million Q2 loss due to a non-cash charge, but strong EBITDA and a dividend signal operational health.