How did SABESP's revenue and expenses trend in Q3 2024?
5/8/2025 02:39pm
SABESP's revenue and expenses in Q3 2024 showed a business-oriented revenue structure with significant operating expenses, reflecting the company's focus on core business activities while managing deductions and sanitation costs effectively:
1. **Revenue by Business**: SABESP's revenue was segmented into six areas, with the largest segment contributing $6.29 billion to the total revenue. The other segments contributed $5.59 billion, $2.55 billion, $1.01 billion, $759.88 million, and $469.57 million, respectively.
2. **Operating Expenses**: The company's total operating expenses were $309.04 million. These expenses were likely incurred in maintaining and operating its business segments, including sanitation and deductions.
3. **Net Income**: Despite the operating expenses, SABESP reported a net income of $1.12 billion for the quarter, indicating effective management of its business operations and financial outcomes.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|SBS|SBS.N|SABESP|20240101-2024|Gross Deductions|-2.164345E9|169|
|SBS|SBS.N|SABESP|20240101-2024|Gross Deductions|-8.94936E8|169|
|SBS|SBS.N|SABESP|20240101-2024|Gross Deductions|-4.37631E8|169|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|SBS|SBS.N|SABESP|2023 Q4|101.25052185347776|2.4448816044873E8|169|
|SBS|SBS.N|SABESP|2024 Q1|11.388362042412174|1.6415668302165E8|169|
|SBS|SBS.N|SABESP|2024 Q2|40.69867925545847|2.175453326529E8|169|
|SBS|SBS.N|SABESP|2024 Q3|562.731165899071|1.12126124093502E9|169|