tiprankstipranks
CEMIG Reports Strong Growth in Q2 2024
Company Announcements

CEMIG Reports Strong Growth in Q2 2024

Companhia Energetica Minas Gerais (CIG) has released an update.

Don't Miss our Black Friday Offers:

Companhia Energetica Minas Gerais reported a robust second quarter in 2024, with a 35.6% increase in net profit compared to the same period last year. The company’s EBITDA also saw significant growth, with Cemig D’s EBITDA surging by 93.1%. These financial highlights indicate a strong performance across the company’s operations, potentially signaling attractive prospects for investors and stakeholders.

For further insights into CIG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskCEMIG’s Privatization Plan Submitted by State of Minas Gerais
TheFlyCEMIG trading resumes
TheFlyCEMIG trading halted, news pending
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App