Aguas Andinas S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 25, 2022 at 06:37 pm EDT
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Aguas Andinas S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CLP 130.88 million compared to CLP 120.4 million a year ago. Net income was CLP 9.95 million compared to CLP 19.95 million a year ago.
For the six months, sales was CLP 281.22 million compared to CLP 256.95 million a year ago. Net income was CLP 43.7 million compared to CLP 58.29 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.