Renova Energia S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BRL 57.33 million compared to BRL 62.79 million a year ago. Net loss was BRL 47.92 million compared to BRL 17.26 million a year ago. Basic loss per share from continuing operations was BRL 0.9 compared to BRL 0.42 a year ago. Diluted loss per share from continuing operations was BRL 0.9 compared to BRL 0.42 a year ago.
For the nine months, sales was BRL 177.25 million compared to BRL 142.33 million a year ago. Net loss was BRL 135.09 million compared to net income of BRL 26.84 million a year ago. Basic loss per share from continuing operations was BRL 2.52 compared to basic earnings per share from continuing operations of BRL 0.63 a year ago. Diluted loss per share from continuing operations was BRL 2.52 compared to diluted earnings per share from continuing operations of BRL 0.63 a year ago.