YPF Luz: sales drop 12.5%.

YPF Luz, the subsidiary of the oil company YPF dedicated to electricity generation, presented the results of the first quarter of 2020, with a total sales level of $72.5 million, a decrease of 12.5% compared to the first quarter of 2019. YPF Luz increased investments by 18.4% in the period compared, that implied an increase of 7.2% in the net debt of the company, which amounted to $769.1 million.

Source: Ámbito