Alupar Investimento S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 08, 2021
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Alupar Investimento S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was BRL 1,337.141 million compared to BRL 1,051.797 million a year ago. Net income was BRL 332.345 million compared to BRL 78.958 million a year ago. Basic earnings per share from continuing operations was BRL 0.378 compared to BRL 0.09 a year ago. Diluted earnings per share from continuing operations was BRL 0.37805 compared to BRL 0.08982 a year ago. For the half year, total revenue was BRL 2,938.615 million compared to BRL 2,355.558 million a year ago. Net income was BRL 655.761 million compared to BRL 290.572 million a year ago. Basic earnings per share from continuing operations was BRL 0.746 compared to BRL 0.331 a year ago. Diluted earnings per share from continuing operations was BRL 0.74594 compared to BRL 0.33053 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.