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SÃO PAULO, Nov. 12, 2020 /PRNewswire/ -- Companhia de Saneamento Básico do Estado de São Paulo - SABESP (B3: SBSP3; NYSE: SBS), one of the largest water and sewage services providers in the world based on the number of customers, announces today its third quarter 2020 results.
The Company recorded net income of R$421.6 million in 3Q20, compared to net income of R$1,208.9 million in 3Q19, a decrease of R$787.3 million.
Adjusted EBITDA totaled R$1,513.6 million, a decrease of R$1,495.7 million over the R$3,009.3 million reported in 3Q19.
The complete version of the release is available at the Company's website: www.sabesp.com.br
Sabesp is a Brazilian water and waste management company owned by the state of São Paulo. It provides water and sewage services to residential, commercial and industrial users in São Paulo and in 363 of the 645 municipalities in São Paulo State, typically under 30-year concession contracts.
View original content:http://www.prnewswire.com/news-releases/sabesp-announces-3q20-results-301172481.html