Radar > 236156

Entel registers 59.4% profit increase in 1Q 2016

Entel aumenta un 59.4% sus utilidades en el primer trimestre de 2016

Intel ID : 236156
Synopsis

Entel (SVS: ENTEL), a Chile-based telecommunications company, registered a 59.4% increase in its net profit in the first quarter of 2016, compared with the same period last year, as published by the company through a press release on 2 May 2016.

Entel has operations in Chile and Peru, and it registered a profit of USD 35.5m between January and March, and revenues of USD 681m, equivalent to a 6.6% increase compared with the same period last year.

The company considers these figures are a result of its income improvement and loss decrease in its subsidiary in Peru.
(content in spanish)

Entel (SVS: ENTEL), empresa chilena dedicada a la gestión de telecomunicaciones, ha registrado un aumento interanual del 59.4% en sus utilidades netas en el primer trimestre de 2016, según ha informado la compañía en un comunicado de prensa publicado el 2 de mayo de 2016.

Entel, con operaciones en Chile y Perú, ha obtenido ganancias por USD35,5m entre enero y marzo, y sus los ingresos han alcanzado un equivalente a USD 681m, con un alza interanual del 6.6%.

La firma ha considerado que los resultados se deben a la mejora de sus ingresos y a las menores pérdidas de su filial en Perú.

Relevant Documents

Bidder


Intel ID 236156
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Entel
(31 Dec 2013)
Revenue: EUR 1.901,15m
EBITDA: EUR 0,71m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Secondary Sectors (TTRSC)
60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.