Comerc Energia Q2 net loss narrows to BRL 50.8 million; revenue rises to BRL 1.61 billion

• Comerc Energia posted a 2Q net loss of BRL 50.8 million, narrowing from BRL 192.4 million a year earlier.
• Net sales rose to BRL 1.61 billion from BRL 1.35 billion in 2Q.
• Six-month net loss narrowed to BRL 195.4 million from BRL 702.4 million, while net sales climbed to BRL 3.2 billion from BRL 2.55 billion.
• Cash and cash equivalents increased to BRL 1.1 billion at June 30 from BRL 972.9 million at Dec. 31.
• Group booked BRL 43 million in curtailment reimbursements in 2Q, recorded as cost recovery with an offset in non-current other assets.

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