Unión El Golf S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
September 14, 2022 at 07:57 am IST
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Unión El Golf S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CLP 568.61 million compared to CLP 107.06 million a year ago. Net loss was CLP 66.74 million compared to CLP 282.9 million a year ago.
For the six months, sales was CLP 886.33 million compared to CLP 217.88 million a year ago. Net loss was CLP 288.05 million compared to CLP 527.26 million a year ago.
Union el Golf SA is a Chile-based company engaged in the operation of Club El Golf 50, a private social club located in Santiago. The Companyâs activities also include the organization of sports, recreation and charity events, as well as other activities related to the acquisition and management of movable and immovable properties. The Companyâs Club el Golf 50âs facilities include a restaurant, ballrooms and reception rooms intended for the celebration of events, wedding ceremonies and banquettes; a wellness center, a gym, swimming pools and a spa. As of December 31, 2011, the Company owned 99.90% stake in Union Gastronomica Ltda.