Tractebel Energia SA (TBLE3.BR), the Brazilian unit of GDF Suez SA (GSZ.FR), said over the weekend net profit for the third-quarter rose 3% from a year earlier due to increased electricity sales.

The company's net profit for the three months ended Sept. 30 was 332.3 million Brazilian reais ($191 million), up from BRL322.1 million a year earlier.

The results were compiled using international financial reporting standards.

Revenue totaled BRL1.15 billion, up from BRL1.08 million. Earnings before interest, taxes, depreciation, and amortization grew to BRL725.3 million from BRL688.5 million.

The company's net debt at the end of the third quarter was BRL2.6 billion, up from BRL3.1 billion a year earlier.

-By Rogerio Jelmayer, Dow Jones Newswires; 5511-3544-7071; rogerio.jelmayer@dowjones.com

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