Neoenergia’s Third Quarter: Revenue Soars Amid Profit Decline

Brazilian energy giant Neoenergia faced challenging market conditions during the third quarter of 2024. The company’s adjusted net profit reached R$ 908 million ($162.1 million), showing a 7% decrease from 2023. The company’s raw net profit fell more sharply to R$ 841 million ($150.2 million), marking a 46% decline compared to the previous year. However, […]

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