Engie Energia Chile S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 27, 2021 at 05:25 am EDT
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Engie Energia Chile S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 337.3 million compared to USD 298.1 million a year ago. Revenue was USD 365.8 million compared to USD 338.7 million a year ago. Net income was USD 8.7 million compared to USD 57 million a year ago. Basic earnings per share from continuing operations was USD 0.008 compared to USD 0.054 a year ago.
For the nine months, sales was USD 980.9 million compared to USD 889.3 million a year ago. Revenue was USD 1,086.5 million compared to USD 996 million a year ago. Net income was USD 38.7 million compared to USD 123.3 million a year ago. Basic earnings per share from continuing operations was USD 0.037 compared to USD 0.117 a year ago.
Engie Energia Chile SA, formerly Empresa Electrica Del Norte Grande SA, is a Chile-based company, which is primarily engaged in the energy sector. The Companyâs activities comprise the production, transportation and distribution of electric energy and natural gas; the purchase, sale and transportation of liquid, solid and gaseous fuels; as well as the provision of engineering consulting services. The Company operates through such subsidiaries as Electroandina S.A., Gasoducto Nor Andino S.A., Gasoducto Nor Andino Argentina S.A., Central Termoelectrica Andina S.A., Energia del Pacifico Ltda., Edelnor Transmision S.A., Distrinor S.A. and Inversiones Hornitos S.A. The Company is owned by GDF Suez Energy Chile SA.