Engie Energia Chile S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 27, 2022 at 07:19 pm EDT
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Engie Energia Chile S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 481.39 million compared to USD 388.52 million a year ago. Net loss was USD 44.15 million compared to net income of USD 47.58 million a year ago. Basic loss per share from continuing operations was USD 0.042 compared to basic earnings per share from continuing operations of USD 0.045 a year ago.
For the six months, sales was USD 899.25 million compared to USD 715.47 million a year ago. Net loss was USD 40.41 million compared to net income of USD 30 million a year ago. Basic loss per share from continuing operations was USD 0.038 compared to basic earnings per share from continuing operations of USD 0.028 a year ago.
Engie Energia Chile SA, formerly Empresa Electrica Del Norte Grande SA, is a Chile-based company, which is primarily engaged in the energy sector. The Companyâs activities comprise the production, transportation and distribution of electric energy and natural gas; the purchase, sale and transportation of liquid, solid and gaseous fuels; as well as the provision of engineering consulting services. The Company operates through such subsidiaries as Electroandina S.A., Gasoducto Nor Andino S.A., Gasoducto Nor Andino Argentina S.A., Central Termoelectrica Andina S.A., Energia del Pacifico Ltda., Edelnor Transmision S.A., Distrinor S.A. and Inversiones Hornitos S.A. The Company is owned by GDF Suez Energy Chile SA.