CEMIG POSTS 1995 NET PROFIT OF R$ 217 MILLION; Power Consumption In Minas Gerais Rises 9 Percent.

Business Wire › April 04, 1996

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CEMIG POSTS 1995 NET PROFIT OF R$ 217 MILLION; Power Consumption In Minas Gerais Rises 9 Percent.

BELO HORIZONTE, Brazil--(BUSINESS WIRE)--April 4, 1996--Companhia Energitica de Minas Gerais - CEMIG - (OTC: CEMCY/Brazilian EX: CMI3), Brazil's largest fully integrated energy company, today reported net income of R$217.068 million reais ($223.206 million) or R$1.67 ($1.72) per 1000 shares for the year ended December 31, down from R$721.755 million reais ($742.165 million) ...

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