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Companhia Energetica de Minas Gerais-Cemig (Brazil)

Main Activities: Management of Companies and Enterprises
Full name: Companhia Energetica de Minas Gerais-Cemig Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Portuguese Download a sample report

Companhia Energetica de Minas Gerais - Cemig, was founded in May 22 1952. This is a holding company with assets and businesses in several Brazilian states inclusive Distrito Federal and also in Chile. The company acts in the areas of generation, transmission, distribution and sale of electric power energy, and also in the distribution of natural gas through Gasmig, in the telecommunications, through Cemig Telecom, and in the efficient use of energy through Efficientia.

Headquarters
Avenida Barbacena, 1200, 16 / B1, Santo Agostinho
Belo Horizonte; Minas Gerais; Postal Code: 30190131

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Website: http://www.cemig.com.br

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
May 27, 1952
Key Executives
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Chairman of the Board of Directors
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Chairman of the Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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Subsidiaries
Cemig Distribuicao S.A.
100%
Cemig Geracao e Transmissao S.A.
100%
Cemig Solucoes Inteligentes em Energia S.A. - Cemig Sim
100%
Company Performance
Financial values in the chart are available after Companhia Energetica de Minas Gerais-Cemig report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BRL. Absolute financial data is included in the purchased report.
Net sales revenue
6.51%
Total operating revenue
17.81%
Operating profit (EBIT)
62.35%
EBITDA
54.32%
Net Profit (Loss) for the Period
57.74%
Total assets
12.18%
Total equity
14.86%
Operating Profit Margin (ROS)
10%
Net Profit Margin
6.94%
Return on Equity (ROE)
5.93%
Debt to Equity Ratio
0.81%
Quick Ratio
-0.26%
Cash Ratio
0.01%

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