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ELEZY Endesa SA (PK)

9.86
0.00 (0.00%)
Last Updated: 14:45:09
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 9.66 46 14:45:09

Chile Endesa 2011 Net Profit Falls 16.2% On Year To CLP446.87 Billion

31/01/2012 7:39pm

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 2011 net profit of 446.87 billion Chilean pesos ($909.94 million), a 16.2% decrease from CLP533.57 billion the previous year.

The company's per-share earnings fell 16.3% to CLP54.50 from CLP65.10 in 2010, Endesa said in a statement.

Its earnings before income tax, depreciation and amortization, or Ebitda, fell 9% on the year to CLP973.89 billion from CLP1.07 trillion in 2010.

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 Carolina Pica, Dow Jones Newswires; 56-2-715-8919; carolina.pica@dowjones.com

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