Aguas Andinas S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 26, 2021 at 06:35 pm EDT
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Aguas Andinas S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was CLP 120,404.558 million compared to CLP 102,832.188 million a year ago. Operating income was CLP 39,594.956 million compared to CLP 28,160.100 million a year ago. Net income was CLP 19,950.583 million compared to CLP 16,188.957 million a year ago. For the half year, sales was CLP 256,948.070 million compared to CLP 243,681.025 million a year ago. Operating income was CLP 103,485.148 million compared to CLP 102,065.115 million a year ago. Net income was CLP 58,291.142 million compared to CLP 62,328.543 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.