Enel Chile S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 28, 2024
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Enel Chile S.A. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was CLP 1,027,023 million compared to CLP 1,270,440 million a year ago. Revenue was CLP 1,026,439 million compared to CLP 1,744,085 million a year ago. Net income was CLP 357,798 million compared to CLP 1,102,640 million a year ago. Basic earnings per share from continuing operations was CLP 5.17 compared to CLP 15.94 a year ago.
For the full year, the company reported sales was CLP 4,262,591.1 million compared to CLP 4,379,000.09 million a year ago. Revenue was CLP 4,380,245.99 million compared to CLP 4,956,431.86 million a year ago. Net income was CLP 633,455.78 million compared to CLP 1,252,082.26 million a year ago. Basic earnings per share from continuing operations was CLP 9.16 compared to CLP 18.1 a year ago. Diluted earnings per share from continuing operations was CLP 9.16 compared to CLP 18.1 a year ago.
Enel Chile SA, formerly Enersis Chile SA, is a Chile-based electricity utility company. The Company, through its combined entities and affiliates, is engaged in the generation, transmission and distribution of electricity businesses. The Company's segments include Generation, Distribution, and Other businesses and intercompany transaction adjustments. Additionally in its segments, the Company has Enel X Chile, a project engaged in seeking to open energy to new uses, technologies, associations and services. The businesses that are grouped into 4 areas are considered: e-City, e-Home, e-Industries and e-Mobility. It owns and operates electricity generation and distribution units in Chile through its subsidiaries.