Enel Américas S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 26, 2023 at 07:15 pm EDT
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Enel Américas S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 3,171.29 million compared to USD 3,085.61 million a year ago. Revenue was USD 3,437.24 million compared to USD 3,487.53 million a year ago. Net income was USD 306.6 million compared to net loss of USD 679.64 million a year ago. Basic earnings per share was USD 0.00286 compared to basic loss per share of USD 0.00634 a year ago. Diluted earnings per share was USD 0.00286 compared to diluted loss per share of USD 0.00634 a year ago.
For the nine months, sales was USD 8,931.25 million compared to USD 9,059.32 million a year ago. Revenue was USD 9,807.58 million compared to USD 10,488.76 million a year ago. Net income was USD 782.74 million compared to net loss of USD 102.98 million a year ago. Basic earnings per share was USD 0.0073 compared to basic loss per share of USD 0.00096 a year ago. Diluted earnings per share was USD 0.0073 compared to diluted loss per share of USD 0.00096 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.