Empresas Gasco reported consolidated and parent earnings results for the first quarter of 2018. On consolidated basis, the company's profit grew 18.8% to CLP 34.8 billion (USD 57.7 million) last year, while its first quarter net income declined 60.5%. On parent basis, the company's first quarter profit declined to CLP 1.27 billion from CLP 3.2 billion in the year-ago period, with the company citing increasing administration and distribution expenses as well as deferred tax expenses.