Renova Energia S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was BRL 48.15 million compared to BRL 25.6 million a year ago. Net income was BRL 110.2 million compared to net loss of BRL 54.33 million a year ago. Basic earnings per share from continuing operations was BRL 3.03 compared to basic loss per share from continuing operations of BRL 2.73 a year ago. Diluted earnings per share from continuing operations was BRL 3.03 compared to diluted loss per share from continuing operations of BRL 2.73 a year ago.
For the six months, sales was BRL 79.54 million compared to BRL 48.18 million a year ago. Net income was BRL 44.1 million compared to net loss of BRL 84.35 million a year ago. Basic earnings per share from continuing operations was BRL 1.2 compared to basic loss per share from continuing operations of BRL 4.26 a year ago. Diluted earnings per share from continuing operations was BRL 1.2 compared to diluted loss per share from continuing operations of BRL 4.26 a year ago.