Enel Chile S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 25, 2023 at 07:20 pm
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Enel Chile S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CLP 896,182.35 million compared to CLP 970,261.99 million a year ago. Revenue was CLP 929,313.18 million compared to CLP 1,018,208.05 million a year ago. Net loss was CLP 26,725.54 million compared to CLP 11,145.3 million a year ago. Basic loss per share from continuing operations was CLP 0.39 compared to CLP 0.16 a year ago. Diluted loss per share from continuing operations was CLP 0.39 compared to CLP 0.16 a year ago.
For the six months, sales was CLP 2,060,677.08 million compared to CLP 1,835,411 million a year ago. Revenue was CLP 2,141,286.91 million compared to CLP 1,915,293.23 million a year ago. Net income was CLP 113,742.71 million compared to CLP 49,196.82 million a year ago. Basic earnings per share from continuing operations was CLP 1.64 compared to CLP 0.71 a year ago. Diluted earnings per share from continuing operations was CLP 1.64 compared to CLP 0.71 a year ago.
Enel Chile SA, formerly Enersis Chile SA, is a Chile-based electricity utility company. The Company, through its combined entities and affiliates, is engaged in the generation, transmission and distribution of electricity businesses. The Company's segments include Generation, Distribution, and Other businesses and intercompany transaction adjustments. Additionally in its segments, the Company has Enel X Chile, a project engaged in seeking to open energy to new uses, technologies, associations and services. The businesses that are grouped into 4 areas are considered: e-City, e-Home, e-Industries and e-Mobility. It owns and operates electricity generation and distribution units in Chile through its subsidiaries.