Empresas CMPC S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 09, 2024 at 11:27 pm EDT
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Empresas CMPC S.A. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1,951.35 million compared to USD 2,128.65 million a year ago. Net income was USD 208.83 million compared to USD 226.46 million a year ago.
Basic earnings per share from continuing operations was USD 0.0835 compared to USD 0.0906 a year ago. Diluted earnings per share from continuing operations was USD 0.0835 compared to USD 0.0906 a year ago.
Empresas CMPC SA is a Chile-based company primarily engaged in the paper products industry. The Companyâs activities are divided into five business segments: Forestry, which includes products that are logs for the manufacturing of cellulose pulp and solid lumber products, such as sawn lumber, remanufactured products and plywood boards; Pulp, which provides pulp manufactured in production lines in Chile and Brazil; Paper, which focuses on the production and marketing of cardboard, paper for corrugation , industrial-use paper and newsprint; Tissue, which is responsible for producing and selling tissue, sanitary and specialized hygienic products, such as toilet paper, napkins, baby diapers and facial tissues, and Other, which includes general administrative services. The Company operates in Argentina, Colombia, Mexico, Peru and Ecuador, among others. It controls a number of subsidiaries, such as CMPC Celulosa SA, Cartulinas CMPC SA, Chimolsa SA La Papelera del Plata SA.
EMPRESAS CMPC S.A. 
