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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.23 | -2.33% | 9.63 | 9.49 | 9.77 | 9.67 | 9.49 | 9.5994 | 3,118 | 16:42:34 |
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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