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Companhia de Gas de Minas Gerais Gasmig (Brazil)

Main Activities: Natural Gas Extraction
Full name: Companhia de Gas de Minas Gerais Gasmig Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Portuguese Download a sample report

Companhia de distribuicao de gas natural em Minas Gerais - Gasmig - has 1.9 million cubic meters per day of natural gas contracted with commercial gas market. This volume, the company is selling an average of 1.5 million cubic meters per day CUBLIC. The rest awaiting the completion of works to come into operation. Additionally, Gasmig has contracts with the thermoelectric market of 1.6 million cubic meters per day. The conventional market and the market for gas power plants account for the hiring of 3.5 million cubic meters per day.

Headquarters
Avenida Barbacena, 1200, 7O Andar, Santo Agostinho
Belo Horizonte; Minas Gerais; Postal Code: 30190131

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
August 29, 1986
Key Executives
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Vice Chairman 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
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Member of Board of Directors
Ownership Details
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99.57%
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0.43%
Company Performance
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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
-10.06%
Total operating revenue
-9.95%
Operating profit (EBIT)
-12.68%
EBITDA
-11.38%
Net Profit (Loss) for the Period
-19.85%
Total assets
2.33%
Total equity
-14.26%
Operating Profit Margin (ROS)
-0.75%
Net Profit Margin
-1.89%
Return on Equity (ROE)
-1.6%
Debt to Equity Ratio
16.27%
Quick Ratio
-1.02%
Cash Ratio
-0.51%

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