SP, Brazil (AP) _ Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) on Thursday reported first-quarter net income of $90.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Sp, Brazil-based company said it had net income of 13 cents.
The waste management company posted revenue of $855.7 million in the period.
Sabesp shares have declined roughly 9% since the beginning of the year. The stock has climbed 19% in the last 12 months.
The Associated Press