Energisa S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
March 17, 2022 at 07:10 pm
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Energisa S.A. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was BRL 26,797.97 million compared to BRL 20,330.21 million a year ago. Net income was BRL 2,818.18 million compared to BRL 1,468.95 million a year ago.
Basic earnings per share was BRL 1.55 compared to BRL 0.81 a year ago.
Energisa SA is a Brazil-based holding company involved in the energy sector. Through its subsidiaries, the Company is mainly engaged in the distribution and marketing of electric energy. It distributes energy for residential, industrial, commercial and rural consumption. The Company operates in the states of Rio de Janeiro, Sao Paulo, Parana, Minas Gerais, Sergipe, Paraiba, Mato Grosso, Mato Grosso do Sul, Tocantins, Rondonia and Acre. In addition to entities engaged in the electric energy distribution, the Company's subsidiaries include Energisa Solucoes SA, which provides services related to generation and distribution of electric power; Energisa Servicos Aereos SA, which provides thermographic inspection services; and Energisa Planejamento e Corretagem Seguros Ltda, involved in the insurance brokerage, among others.