Compañía Cervecerías Unidas S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 04, 2022 at 07:05 pm EDT
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Compañía Cervecerías Unidas S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CLP 700,464.93 million compared to CLP 569,639.46 million a year ago. Net income was CLP 64,544.46 million compared to CLP 64,383.87 million a year ago. Basic earnings per share from continuing operations was CLP 174.68 compared to CLP 174.24 a year ago. Diluted earnings per share from continuing operations was CLP 174.68 compared to CLP 174.24 a year ago.
Compania Cervecerias Unidas S.A. is a diversified beverage company operating principally in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. The Company's segments include Chile, International Business and Wine. The Company carries a portfolio of products, which includes a range of brands of alcoholic and non-alcoholic beer, with Cristal as its primary brand in Chile. In addition, it produces and distributes Heineken beer; distributes Sol beer and Budweiser beer, and distributes and produces Kunstmann and Austral beer in Chile. The International Business segment includes operations in Argentina, Paraguay and Uruguay. The Company, through Vina San Pedro Tarapaca S.A. (VSPT), produces and markets a range of wine products for the domestic and mainly the export market.
COMPAÑÍA CERVECERÍAS UNIDAS S.A. 
