28 February, 2024

Chile: Compania Cervecerias Unidas SA reports results for the quarter ended in December

Compania Cervecerias Unidas (CCU) on February 27 reported fourth-quarter earnings of $46.6 million, the Washington Post said.

On a per-share basis, the Santiago, Chile-based company said it had net income of 25 cents.

The wine, spirits and soft drink company posted revenue of $639.6 million in the period.

For the year, the company reported profit of $126.1 million, or 68 cents per share. Revenue was reported as $3.06 billion.

Cervecerias Unidas shares have declined 7% since the beginning of the year. The stock has declined 25% in the last 12 months.

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