Inversiones La Construcción S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 25, 2018
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Inversiones La Construcción S.A. reported earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company's operating income was CLP 44,324 million compared to CLP 42,072 million a year ago. Non operating income was CLP 2,396 million compared to CLP 1,387 million a year ago. Profit to ILC was CLP 33,851 million compared to CLP 33,316 million a year ago.
For the nine months, the company's operating income was CLP 97,802 million compared to CLP 117,132 million a year ago. Non operating income was CLP 29,287 million compared to CLP 13,564 million a year ago. Profit to ILC was CLP 92,296 million compared to CLP 105,982 million a year ago.
Inversiones la Construccion SA (ILC) is a Chile-based company primarily engaged in the life insurance sector. The Company's activities are divided into six segments: Fund management (AFP), which administrates pension funds through AFP Habitat; Private health insurance (Isapre), which administrates health insurance contributions through Isapre Consalud; Insurance, which offers individual and collective life insurance policies through Confuturo and Corpseguros, among others; Healthcare, which manages a network of private hospitals and clinics through Red Salud; Bank, which provides financial services for retail and commercial consumers through Banco Internacional, and Other, which includes operation of private schools, as well as provision of information technology (IT) outsourcing services, among others. The Company is a subsidiary of Camara Chilena de la Construccion Asociacion Gremial.
INVERSIONES LA CONSTRUCCIÓN S.A. 