Empresas Cmpc S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 07, 2021 at 05:11 pm EDT
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Empresas CMPC S.A. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 1,429.096 million compared to USD 1,347.991 million a year ago. Operating income was USD 174.131 million compared to USD 13.172 million a year ago. Net income was USD 72.633 million compared to net loss of USD 131.569 million a year ago. Basic earnings per share was USD 0.0291 compared to basic loss per share of USD 0.0526 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. 
