Enel Chile S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 04:47 am IST
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Enel Chile S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CLP 998,347.52 million compared to CLP 1,273,149.4 million a year ago. Revenue was CLP 1,035,976.07 million compared to CLP 1,297,054.03 million a year ago. Net income was CLP 161,915.55 million compared to CLP 100,245.55 million a year ago. Basic earnings per share from continuing operations was CLP 2.34 compared to CLP 1.45 a year ago. Diluted earnings per share from continuing operations was CLP 2.34 compared to CLP 1.45 a year ago.
For the nine months, sales was CLP 3,059,024.6 million compared to CLP 3,108,560.4 million a year ago. Revenue was CLP 3,177,262.98 million compared to CLP 3,212,347.26 million a year ago. Net income was CLP 275,658.26 million compared to CLP 149,442.37 million a year ago. Basic earnings per share from continuing operations was CLP 3.99 compared to CLP 2.16 a year ago. Diluted earnings per share from continuing operations was CLP 3.99 compared to CLP 2.16 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.