Companhia Energetica de Minas Gerais CEMIG operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Companhia Energetica de Minas Gerais CEMIG with three other
companies in this sector in BRAZIL :
sales of 20.33 billion Brazilian Reals [US$3.60 billion]
of which 93%
Centrais Eletricas Brasileiras SA
(29.08 billion Brazilian Reals [US$5.14 billion]
of which 64%
was Generation), and
CPFL Energia SA
(30.90 billion Brazilian Reals [US$5.47 billion]
of which 83%
was Energy Distribution).
During the year ended December of 2020, sales at
Companhia Energetica de Minas Gerais CEMIG were 25.23 billion Brazilian Reals (US$4.46 billion).
decrease of 0.6%
versus 2019, when the company's sales were 25.39 billion Brazilian Reals.
Contributing to the drop in overall sales was the 67.9% decline
in Other, from 323.93 million Brazilian Reals to 104.00 million Brazilian Reals.
There were also decreases in sales in
Generation (down 5.0% to 6.54 billion Brazilian Reals)
Gas (down 10.4% to 1.66 billion Brazilian Reals)
However, these declines were partially offset by the increase in sales of
Distribution (up 3.7% to 16.51 billion Brazilian Reals)
Transmission (up 4.1% to 743.13 million Brazilian Reals)