Inversiones La Construcción S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 29, 2022 at 09:09 pm EST
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Inversiones La Construcción S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was CLP 19,966.91 million compared to CLP 18,442.8 million a year ago.
For the nine months, net income was CLP 83,081.73 million compared to CLP 67,320.22 million a year ago. Basic earnings per share was CLP 831 compared to CLP 673 a year ago. Diluted earnings per share was CLP 831 compared to CLP 673 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. 
