Yahoo Finance

Companhia Energetica Minas Gerais (CIG) has released an update.

Companhia Energetica Minas Gerais reported a robust second quarter in 2024, with a 35.6% increase in net profit compared to the same period last year. The company’s EBITDA also saw significant growth, with Cemig D’s EBITDA surging by 93.1%. These financial highlights indicate a strong performance across the company’s operations, potentially signaling attractive prospects for investors and stakeholders.

For further insights into CIG stock, check out TipRanks’ Stock Analysis page.