Embotelladora Andina S.A. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
July 28, 2021 at 06:06 am EDT
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Embotelladora Andina S.A. announced consolidated earnings results for the second quarter and six months ended June 30, 2021. For the six months, the company announced net sales of CLP 959,366 million compared to CLP 809,296 million for the same period a year ago. Operating income was CLP 125,815 million compared to CLP 90,999 million for the same period a year ago. Net income was CLP 44,781 million compared to CLP 49,072 million a year ago. Earnings per share was 45.7 compared to 51.6 a year ago.
For the quarter, the company announced net sales of CLP 441,603 million compared to CLP 312,303 million for the same period a year ago. Operating income was CLP 45,259 million compared to CLP 16,240 million for the same period a year ago. Net income was CLP 1,772 million compared to CLP 580 million a year ago. Earnings per share was 1.6 compared to 1.4 a year ago.
Embotelladora Andina SA (Coca-Cola Andina) is a Chile-based beverage company. The main activity of the Firm is to manufacture, bottle, market and distribute the products registered under the name of The Coca-Cola Company (TCCC), as well as to market and distribute some brands of other companies such as Monster, Heineken, AB Inbev, Diageo and Capel, among others. The operating segments of the Company have been determined by geographic locations where it operates and holds licenses to produce, market and distribute products: Chile, Brazil, Argentina and Paraguay. The four segments identified develop their business through the production and sale of soft drinks, other beverages and packaging.
EMBOTELLADORA ANDINA S.A. 
