11 August, 2023

Chile: Compania Cervecerias Unidas reports loss in Q2 2023

Compania Cervecerias Unidas (CCU) on August 10 reported a loss of $5.1 million in its second quarter, the Washington Post reported on August 11.

The Santiago, Chile-based company said it had a loss of 3 cents per share.

The wine, spirits and soft drink company posted revenue of $746.5 million in the period.

Cervecerias Unidas shares have increased 22% since the beginning of the year. The stock has climbed 44% in the last 12 months.

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