Renova Energia S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was BRL 66.06 million compared to BRL 31.39 million a year ago. Net loss was BRL 44.44 million compared to BRL 66.11 million a year ago.

Basic loss per share from continuing operations was BRL 0.84 compared to BRL 1.8 a year ago. Diluted loss per share from continuing operations was BRL 0.84 compared to BRL 1.8 a year ago.