Brazil's Copasa returns to the black

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Friday, March 10, 2017

Brazil's Minas Gerais state water utility Copasa returned to profit in the fourth quarter as revenue increased and costs and expenses dropped, according to the company's latest earnings report. The utility posted a profit of 132mn reais (US$42mn) compared to a 40.8mn-real loss in the last quarter...

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This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes insight and forecasts for business opportunities in Mexico. The business development service focuses on major projects, active companies, such as and business and sales contacts, providing networking opportunities with leading executives throughout Latin America.