Smu S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
March 15, 2021 at 07:47 pm EDT
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SMU S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CLP 2,316,346.059 million compared to CLP 2,297,031.989 million a year ago. Net income was CLP 29,827.666 million compared to CLP 34,583.689 million a year ago. Basic earnings per share from continuing operations was CLP 0.00517 compared to CLP 0.00599 a year ago.
SMU SA is a Chile-based company primarily engaged in the food retail. The Company's activities are divided into two business segments: Supermarkets and Construction supplies. The Supermarkets division focuses on the sale and distribution of grocery and other non-food products through various supermarket chains in Chile and Peru, such as Unimarc, Mayorista 10, Alvi, Mayorsa and Maxi Ahorro. It also operates convenience stores under the OK Market brand name, as well as offers Internet and telephone shopping under the Telemercados brand name. The Construction supplies division is responsible for the retail of building materials in Chile through the Construmart and Ferrexperto stores. The Company owns a number of subsidiaries, including Inversiones SMU SpA, Omicron SpA and Corp Fidelidad SA, among others.
SMU S.A. 
