SAO PAULO (Reuters) - Brazil’s state-controlled power company Centrais Eletricas Brasileiras SA (ELET6.SA) said on Tuesday its second-quarter net income soared 305% compared with the same period a year ago, helped by the sale of its subsidiary Amazonas Energia.
Eletrobras, as the company is known, reported in a securities filing a quarterly net income of 5.561 billion reais ($1.40 billion), roughly in line with analysts’ estimates of 5.46 billion reais, Refinitiv data showed.
Reporting by Gabriela Mello; editing by Jason Neely
