Compañía Cervecerías Unidas S.A. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2019
August 07, 2019 at 07:02 pm EDT
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Compañía Cervecerías Unidas S.A. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2019. For the quarter, the company reported sales revenue of CLP 377,361.832 million compared to CLP 372,169.537 million a year ago. Profit for the period was CLP 21,082.472 million compared to CLP 168,702.538 million a year ago. Diluted earnings per share from continued operation were CLP 48.82 compared to CLP 449.05 a year ago.
For the six months, the company reported sales revenue of CLP 854,219.931 million compared to CLP 844,332.631 million a year ago. Profit for the period was CLP 73,490.221 million compared to CLP 229,545.336 million a year ago. Diluted earnings per share from continued operation were CLP 180.12 compared to CLP 602.62 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. 
