S.A.C.I. Falabella Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015
March 09, 2016 at 06:56 am EST
Share
S.A.C.I. Falabella reported earnings results for the fourth quarter and full year ended December 31, 2015. for the quarter, the company reported net profit of CLP 204.03 billion, compared to CLP 184.79 billion for the same quarter ended December 31, 2014. Total revenues were CLP 2.41 trillion, compared to CLP 2.26 trillion for the same quarter ended December 31, 2014.
For the full year, the company reported net profit of CLP 519.95 billion, compared to CLP 464.73 billion for the year ended December 31, 2014. Total revenues were CLP 8.38 trillion, compared to CLP 7.59 trillion for the year ended December 31, 2014.
Falabella SA, formerly SACI Falabella, is a Chile-based company managing an online and offline retail platform. It operates seven business segments: Department Stores, Home Improvement, Supermarkets, Promotora CMR, Real Estate, Banking Business and Other Businesses. Department Stores sales, under the Falabella brand, a range of products, including retail sales of clothing, accessories and products for the home, electronics, beauty products and others. Home Improvement sales, under the Sodimac brand, building and home improvement products, including building materials, hardware, tools, and accessories for kitchen, bathroom, garden and decoration, among others. Supermarkets manages hypermarkets and supermarkets under the Tottus brand. Promotora CMR provides the CMR credit card. Real Estate operates constructing and leasing malls. Banking Business covers all banking activities. Other Businesses includes all the other activities. The Company operates in Latin America.
FALABELLA S.A. 
