Entel Registers 16.5% Decline In Q212 Net Profit



News: Chilean telecoms operator Empresa Nacional de Telecomunicaciones (Entel) registered a 16.5% year-on-year (y-o-y) decline in net profit to CLP42.89bn (US$89.35mn) in Q212 ended June 30, compared with CLP51.36bn (US$107mn) in the same period a year earlier. Operating profit also fell to CLP58.82bn (US$122.54mn) over the quarter, from CLP65.98bn (US$137.45mn) in Q211. However, revenue grew 16.12% y-o-y to CLP347.97bn (US$724.9mn).

This article is tagged to:
Sector: Telecommunications
Geography: Chile, Chile, Chile, Chile