Inversiones la Construcción S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 24, 2021 at 07:52 pm EDT
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Inversiones la Construcción S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net loss was CLP 99.541 million compared to net income of CLP 39,802.126 million a year ago. For the half year, net income was CLP 48,877.414 million compared to CLP 15,926.247 million a year ago. Basic earnings per share from continuing operations was CLP 490.000000 compared to CLP 160.000000 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.