Colbun S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 30, 2019 at 06:06 pm EDT
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Colbun S.A. Announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company operating income of USD 361.7 million compared to USD 360.2 million a year ago. Operating income was USD 114.9 million compared to USD 96.8 million a year ago. Net income was USD 59.1 million compared to USD 56.8 million a year ago. For the nine months, the company operating income of USD 1,135.3 million compared to USD 1,143.7 million a year ago. Operating income was USD 324.3 million compared to USD 297 million a year ago. Net income was USD 184.8 million compared to USD 168.5 million a year ago.
Colbun SA is a Chile-based company engaged in the generation and distribution of electricity. The Company operates, through its affiliated companies, in the generation, transportation, transformation, distribution, supply or commercialization of electric power and management or operation of power plants. Its clients range from electric suppliers to manufacturing and mining companies. The Companyâs energy sources include Hydroelectricity and Thermoelectricity. The Company operates hydroelectric power plants and thermal power plants, which can run on petroleum and natural gas and coal. Its power plants and projects contribute energy to the Central Interconnected Grid (CIG). Its power stations are distributed throughout 4 basins and 4 regions of the southern central region of Chile. The Companyâs affiliated companies include, among others, Termoelectrica Antilhue SA and Empresa Electrica Industrial SA. It owns also power generation assets in Peru.
COLBÚN S.A. 
