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ELEZY Endesa SA (PK)

9.86
0.00 (0.00%)
Last Updated: 15:06:15
Delayed by 15 minutes
Name Symbol Market Type
Endesa SA (PK) USOTC:ELEZY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 9.86 9.46 9.67 69 15:06:15

Chile Endesa 1Q Net Profit Tumbles 32% On Year To CLP66.23 Billion

25/04/2012 8:24pm

Dow Jones News


Endesa (PK) (USOTC:ELEZY)
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Chile's largest power producer, Empresa Nacional de Electricidad SA (EOC, ENDESA.SN), posted a first-quarter net profit of 66.23 billion Chilean pesos ($136.14 million), a 32% decline from the first quarter of 2011.

Endesa on Wednesday reported a lower net profit as average energy prices fell and financial costs increased.

The company's first quarter per-share earnings fell 32% on-year to CLP8.1, Endesa said in a statement.

Its earnings before income tax, depreciation and amortization, or Ebitda, fell 7.2% on year to CLP186.80 billion from CLP201.37 billion.

The generator has 13,846 megawatts of installed capacity in Argentina, Chile, Colombia and Peru, and owns an equity stake in 987 MW of installed capacity in Brazil. Some 38% of Endesa's capacity is in Chile.

Endesa is controlled by power-holding company Enersis SA (ENI, ENERSIS.SN), which in turn is controlled by Spain's Endesa SA (ELEZF, ELE.MC).

-By Graciela Ibanez, Dow Jones Newswires; 56-2-715-8929; graciela.ibanez@dowjones.com

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