Jan. 30 (Bloomberg) -- Cia. de Saneamento de Minas Gerais, Brazil’s second-biggest water utility by market value, said fourth-quarter net income fell to 101.4 million reais from 124.8 million reais a year earlier.
Net income adjusted was estimated at 117 million reais, according to analysts’ estimates compiled by Bloomberg.
Net revenue from water and sewage services rose 5 percent from a year earlier to 780.4 million reais, the company known as Copasa said in a regulatory filing.
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