Aguas Andinas S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 27, 2021 at 06:41 pm EDT
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Aguas Andinas S.A. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CLP 136,543.512 million compared to CLP 140,848.837 million a year ago. Operating income was CLP 63,890.192 million compared to CLP 73,905.015 million a year ago. Net income was CLP 38,340.559 million compared to CLP 46,139.586 million a year ago.
Aguas Andinas SA is a Chile-based company engaged in the provision of sanitation services. The Company operates in two business segments: Water and Non-water. The Water division provides services related to the distribution and supply of drinking water, as well as the collection and treatment of sewage water. The Non-water division includes services related to environmental analysis, industrial waste treatment, engineering services, as well as distribution of equipment for sanitation and energy projects. The Company operates through a number of subsidiaries, such as Aguas Cordillera SA, Aguas del Maipo SA, Essal SA, Gestion y Servicios SA and EcoRiles SA. The Company is indirectly controlled by Suez SA through Inversiones Aguas Metropolitanas SA.