Inversiones La Construcción S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
September 01, 2022 at 08:05 pm EDT
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Inversiones La Construcción S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was CLP 38,939.49 million compared to net loss of CLP 99.54 million a year ago.
For the six months, net income was CLP 63,114.83 million compared to CLP 48,877.42 million a year ago. Basic earnings per share from continuing operations was CLP 631 compared to CLP 489 a year ago.
Inversiones la Construccion SA (ILC) is a Chile-based company primarily engaged in the life insurance sector. The Company's activities are divided into six segments: Fund management (AFP), which administrates pension funds through AFP Habitat; Private health insurance (Isapre), which administrates health insurance contributions through Isapre Consalud; Insurance, which offers individual and collective life insurance policies through Confuturo and Corpseguros, among others; Healthcare, which manages a network of private hospitals and clinics through Red Salud; Bank, which provides financial services for retail and commercial consumers through Banco Internacional, and Other, which includes operation of private schools, as well as provision of information technology (IT) outsourcing services, among others. The Company is a subsidiary of Camara Chilena de la Construccion Asociacion Gremial.
INVERSIONES LA CONSTRUCCIÓN S.A. 
