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Article: TABLE - AES Tiete Q2 '09 net profit jumps 48.6% Y/Y.(Financial report)
- Article from:
- ADP News Latin America
- Article date:
- August 14, 2009
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(ADPnews) - Aug 14, 2008 - Brazilian power producer AES Tiete (SAO:GETI4) saw its net profit rising by 48.6% year-on-year to BRL 199.2 million (USD 109.2m/EUR 76.6m) in the second quarter of 2009, the company said yesterday.
AES Tiete is owned by Brasiliana Energia, which is a holding company founded under the US power firm AES Corp's debt restructuring agreement with Brazilian National Social and Economic Development Bank (BNDES) and controls power distributors Eletropaulo, AES Sul, AES Elpa and AES ...