Thursday, February 16, 2017

Comgás is 44% lower profit in the fourth quarter, from R$ 133,700,000

Comgás found NET R$ 133,700,000 in the fourth quarter of last year, a fall of 44.4% compared to the result of the same range of 2015.
Normalized net profit, which, according to Comgás itself includes the current account regulatory changes and reflects more appropriately the economic result of the company amounted to R$ 159,200,000, 11.4% indentation.
The company''s net revenue totaled R$ 1.324 billion in the quarter, down 19.7% compared to the previous year.
Sales revenue for the residential segment rose 17.1 percent in the period, to R$ 202,600,000, while the industrial segment had 25.1% low for R$ 772,200,000.
The result before interest, taxes, depreciation and amortization (Ebitda) totaled R$ 308 million in the quarter, down 25.5 percent. Normalized Ebitda, for your time, rose 14.1% to R$ 358,600,000.
UOL - 15/02/2017 News Item translated automatically
Click HERE to see original
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