Companhia de Saneamento Básico do Estado de São Paulo (SABESP) released its fourth-quarter 2024 earnings on March 25, 2025, reporting a significant 172% increase in net profit. The company posted earnings of $245.6 million for the quarter.
On a per-share basis, SABESP's net income was 36 cents, with adjusted earnings, excluding non-recurring costs, reaching 49 cents per share. These results demonstrate strong financial performance and operational efficiency.
The company noted that its operational efficiency, particularly in the post-privatization environment, and a healthy leverage position contributed to these positive outcomes. This financial strength supports SABESP's ongoing strategic initiatives and investment plans.
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