Empresas CMPC S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
January 27, 2022 at 06:20 pm EST
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Empresas CMPC S.A. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was USD 6,323.02 million compared to USD 5,286.93 million a year ago. Net income was USD 538.81 million compared to net loss of USD 28.37 million a year ago.
Basic earnings per share from continuing operations was USD 0.2155 compared to basic loss per share from continuing operations of USD 0.0113 a year ago. Diluted earnings per share from continuing operations was USD 0.2155 compared to diluted loss per share from continuing operations of USD 0.0113 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. 
