Brazilian utility company Neoenergia SA (<a href="https://www.b3.com.br/pt_br/market-data-e-indices/servicos-de-dados/market-data/cotacoes/?symbol=NEOE3" target="_blank">BVMF:NEOE3</a>) registered a net profit of a little over BRL 1 billion (USD 178.15m/EUR 156.64m) for the first quarter of this year, a decrease of 11% compared to the same period last year.