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FX Daily Updates
Brazil power firm Eletrobras posts $62.8 million loss in first quarter
georgemiller
Publish Date: Wed, 14 May 2025, 22:13 PM

SAO PAULO, May 14 (Reuters) - Brazilian power firm Eletrobras , Latin America's largest utility by generating capacity, posted on Wednesday a 354 million reais ($62.8 million) net loss for the first quarter, compared to a 331 million-real profit a year earlier.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), adapted for local regulatory rules, came in at 5.38 billion reais in the three-month period to the end of March, down 4.1% from a year earlier.
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($1 = 5.6406 reais)
https://www.reuters.com/business/energy/brazil-power-firm-eletrobras-posts-628-million-loss-first-quarter-2025-05-14/