Renova Energia SA operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Renova Energia SA with three other
electric utilities in Latin America:
Afluente Transmissao De Energia Eletrica SA
(2019
sales of 38.62 million Brazilian Reals [US$7.30 million]
of which 100%
was Suppy of Electricity),
Energia De Casablanca SA
of CHILE
(6.84 billion Chilean Pesos [US$9.30 million]
), and
Cia Electrica del Litoral SA
which is
also
based in CHILE
(15.25 billion Chilean Pesos [US$20.74 million]
).
Sales Analysis.
Sales fell dramatically in 2019:
During the year ended December of 2019, sales at
Renova Energia SA were 98.19 million Brazilian Reals (US$18.55 million).
This
is
a
sharp
decrease of 86.2%
versus 2018, when the company's sales were 709.80 million Brazilian Reals.
Contributing to the drop in overall sales was the 91.8% decline
in Commercial, from 676.30 million Brazilian Reals to 55.38 million Brazilian Reals.
.
However, these declines were partially offset by the increase in sales of
Small Hydropower (up 27.8% to 42.81 million Brazilian Reals)
.