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RIO DE JANEIRO, BRAZIL - State-owned Centrais Elétricas Brasileiras S.A. (Eletrobras) recorded a net profit of R$5.5 billion (US$1.4 billion) in the second quarter of 2019, 305 percent more than the R$1.3 billion recorded over the same period of last year.

The figure covers the sum of net income from ongoing operations, totaling R$301 million, plus the R$5.2 billion net income from the Subscribe to our Premium Membership Plan. Already Subscribed?