Socovesa S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CLP 47,984.57 million compared to CLP 95,283.95 million a year ago. Net loss was CLP 376.62 million compared to net income of CLP 13,595.43 million a year ago. Basic loss per share from continuing operations was CLP 0.3077 compared to basic earnings per share from continuing operations of CLP 11.108 a year ago. Diluted loss per share from continuing operations was CLP 0.3077 compared to diluted earnings per share from continuing operations of CLP 11.108 a year ago.
For the nine months, sales was CLP 143,969.6 million compared to CLP 206,313.63 million a year ago. Net income was CLP 6,840.77 million compared to CLP 21,948.99 million a year ago. Basic earnings per share from continuing operations was CLP 5.5892 compared to CLP 17.9331 a year ago. Diluted earnings per share from continuing operations was CLP 5.5892 compared to CLP 17.9331 a year ago.