Inversiones La Construcción S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 29, 2023 at 07:51 pm EDT
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Inversiones La Construcción S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was CLP 54,253.25 million compared to CLP 38,939.49 million a year ago.
For the six months, net income was CLP 89,131.58 million compared to CLP 63,114.83 million a year ago. Basic earnings per share from continuing operations was CLP 891 compared to CLP 631 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. 
