AFP PROVIDA S.A. reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company announced revenues of CLP 49,567 million compared to CLP 45,515 million a year ago. Profit before tax was CLP 36,007 million against CLP 35,613 million a prior year. Profit was CLP 28,012 million against CLP 30,062 million of prior year. Cash flow from operating activities was CLP 8,950 million against CLP 22,980 million of prior year. This decrease in profit was primarily due to a higher tax expense due to the Tax Reform implemented in September of 2014.


For the quarter, the company reported impairment losses of CLP 23 million against CLP 18 million a year ago.