Alupar Investimento S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 07:48 pm EDT
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Alupar Investimento S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was BRL 310.99 million compared to BRL 422.33 million a year ago. Revenue was BRL 1,168.24 million compared to BRL 1,337.14 million a year ago. Net income was BRL 180.01 million compared to BRL 332.35 million a year ago.
For the six months, sales was BRL 698.46 million compared to BRL 1,135.79 million a year ago. Revenue was BRL 2,448.76 million compared to BRL 2,938.62 million a year ago. Net income was BRL 610.99 million compared to BRL 655.76 million a year ago.
Alupar Investimento SA is a Brazil-based company primarily engaged in the electric utilities sector. The Company focuses on developing and investing in infrastructure projects involving the energy industry in Brazil and other Latin American countries. Its activities are divided into two business segments: Transmission and Generation. The Transmission division holds electric power transmission concessions in Brazil and Chile. The Generation division includes renewable electricity generation through hydroelectric power plants (HPPs), small hydroelectric plants (SHPs) and wind farms in Brazil, Colombia and Peru. The Company operates through numerous subsidiaries, such as Transminas Holding SA, Windepar Holding SA, Alupar Inversiones Peru SAC and Alupar Chile Inversiones SpA. The Company is controlled by Guarupart Participacoes Ltda.
ALUPAR INVESTIMENTO S.A. 
