Socovesa S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CLP 51,393.07 million compared to CLP 58,875.13 million a year ago. Net loss was CLP 6,742.08 million compared to net income of CLP 4,077.99 million a year ago.

Basic loss per share from continuing operations was CLP 5.5085 compared to basic earnings per share from continuing operations of CLP 3.3319 a year ago. Diluted loss per share from continuing operations was CLP 5.5085 compared to diluted earnings per share from continuing operations of CLP 3.3319 a year ago.