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Profit of Brazilian giant Eletrobras grew by 31% in the first quarter

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RIO DE JANEIRO, BRAZIL - Brazil's state-owned Eletrobras, Latin America's largest electric power company, which is in the process of being privatized, reported Wednesday that in the first quarter of this year it obtained a net profit 31% higher than in the same period last year. The electric giant, Brazil's largest generator and transmitter, controlled […]

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