Aguas Andinas S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 25, 2021 at 05:35 pm EST
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Aguas Andinas 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 CLP 112,685.64 million compared to CLP 105,371.35 million a year ago. Net income was CLP 21,456.1 million compared to CLP 13,535.56 million a year ago. Basic earnings per share from continuing operations was CLP 3.506491. Basic earnings per share was CLP 3.506491 compared to CLP 2.212067 a year ago.
For the nine months, sales was CLP 369,633.71 million compared to CLP 349,052.38 million a year ago. Net income was CLP 79,747.24 million compared to CLP 75,864.1 million a year ago. Basic earnings per share from continuing operations was CLP 13.032799. Basic earnings per share was CLP 13.032799 compared to CLP 12.398192 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.