CELPA Announces Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2018
CELPA announced consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the quarter, the company reported operating revenues of BRL 1,991,519,000 against BRL 2,102,405,000 a year ago. Net operating revenues were BRL 1,482,676,000 against BRL 1,492,800,000 a year ago. Operating income was BRL 376,007,000 against BRL 285,995,000 a year ago. Net income was BRL 271,981,000 against BRL 365,911,000 a year ago.
For the year, the company reported operating revenues of BRL 7,699,105,000 against BRL 7,329,618,000 a year ago. Net operating revenues were BRL 5,491,536,000 against BRL 5,138,663,000 a year ago. Operating income was BRL 797,986,000 against BRL 730,022,000 a year ago. Net income was BRL 455,393,000 against BRL 613,531,000 a year ago.