Enel Américas S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 26, 2023 at 07:19 pm EDT
Share
Enel Américas S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 2,957.1 million compared to USD 2,987.48 million a year ago. Revenue was USD 3,230.44 million compared to USD 3,579.59 million a year ago. Net income was USD 168.83 million compared to USD 210.8 million a year ago. Basic earnings per share from continuing operations was USD 0.00059 compared to USD 0.0012 a year ago. Diluted earnings per share from continuing operations was USD 0.00059 compared to USD 0.0012 a year ago. Basic earnings per share was USD 0.00157 compared to USD 0.00196 a year ago. Diluted earnings per share was USD 0.00157 compared to USD 0.00196 a year ago.
For the six months, sales was USD 5,759.96 million compared to USD 5,973.71 million a year ago. Revenue was USD 6,370.34 million compared to USD 7,001.23 million a year ago. Net income was USD 476.14 million compared to USD 576.66 million a year ago. Basic earnings per share from continuing operations was USD 0.00293 compared to USD 0.00397 a year ago. Diluted earnings per share from continuing operations was USD 0.00293 compared to USD 0.00397 a year ago. Basic earnings per share was USD 0.00444 compared to USD 0.00538 a year ago. Diluted earnings per share was USD 0.00444 compared to USD 0.00538 a year ago.
Enel Americas S.A., formerly Enersis Americas S.A., through its subsidiaries and jointly controlled entities, is engaged in the electricity generation, transmission and distribution businesses in Chile, Brazil, Colombia, Peru and Argentina. The Company operates through two segments: Generation and Transmission, and Distribution. The Company's Generation and Transmission segment operates through companies, including Central Comercializadora de Energia S.A. (Cemsa); Central Dock Sud S.A. (Dock Sud); Central Costanera S.A. (Costanera), and Hidroelectrica El Chocon S.A. (El Chocon). The Company's Distribution segment operates through companies, including Empresa Distribuidora Sur S.A. (Edesur); Ampla Energia e Servicos S.A. (Ampla), and Companhia Energetica do Ceara S.A. (Coelce). The Company is engaged in non-electricity business through its subsidiary, Servicios Informaticos e Inmobiliarios Ltda. (SIEI). It holds interest in Yacylec S.A., which is an electricity transmission company.