Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) reported net income for the first quarter of R$491.9 million or R$2.16 per share, compared to R$182.8 million or $0.80 per share for the year-ago quarter.
Net operating revenue for the first quarter rose 12.3% to R$ 2.6 billion from R$2.3 billion in the same quarter last year.
Costs and expenses, including construction costs, for the quarter grew 0.4% to R$ 1.9 billion.
EBIT for the first quarter surged 64.6% to R$ 701.7 million from R$ 426.2 million a year ago, while EBITDA increased 35.7% to R$ 888.2 million from R$ 654.3 million last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.