Torres de transporte de energia electrica
Maputo, 7 Jul (AIM) – The publicly-owned electricity company, EDM, spent 8.5 billion meticais (133.2 million US dollars at the current exchange rate) to pay remunerations, in 2025.
According to the company’s report, released by the country’s Institute for the Management of State Holdings (IGEPE), costs with the company’s personnel increased from 8.3 billion to 8.5 billion Meticais.
“The increase observed in the employee remuneration category is primarily due to new hires and employee career progression resulting from the performance evaluation process. In 2025, the company hired an additional 277 employees. Impairment losses rose from 43.3 million meticais to 128.2 million meticais, while personnel costs increased from 8.3 billion to 8.5 billion Meticais”, reads the report.
According to the document, the company recorded in 2025 a profit estimated at 7.2 billion meticais. This amount corresponds to a profit drop estimated at 1.2 billion meticais compared to 2024, when the company recorded a profit of 8.6 billion meticais.
“EDM experienced a decline in operating results, falling from 2.4 billion meticais in 2024 to 2.1 billion meticais in 2025. Similarly, the company’s financial earnings dropped from 9.4 billion meticais in 2024 to 7.6 billion meticais”, reads the document.
The document also points out that sales fell from 59.6 billion meticais in 2024 to 58.7 billion meticais in 2025. “Debts owed to EDM in 2025 totaled 8.7 billion meticais, with 6.5 billion meticais of that amount owed by the National Treasury Directorate.”
The company had recorded a remarkable financial recovery in 2024, as its profits grew by 3.8 billion meticais compared to 2023, a year in which the company posted a profit of 4. 8 billion meticais.
Am/
