Eletrobras first quarter net falls 88 pct

May 17 2009 15:57:17

Eletrobras first quarter net falls 88 pct

Bloomberg

Consolidated net income at Eletrobras, as the Brazilian state-controlled utility is known, was 101.3 million reais ($47.9 million) or 9 centavos a share, compared with 841.5 million reais, or 74 centavos a share a year earlier, according to a statement.

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