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Entel Chile's profits down 90% y-o-y in Q3

Tuesday 4 November 2014 | 14:25 CET | News
Chilean telecoms operator Entel posted a net profit of CLP 4.16 billion in the third quarter of 2014, down 90 percent compared to the year-ago period, as a result of lower operating income, increased net financing costs and a much higher effective income tax rate. Quarterly revenues amounted to CLP 405.9 billion, down 1 percent compared to the same period in 2013. EBITDA fell 21 percent year-on-year to CLP 92.64 billion, while the EBITDA margin stood at 23 percent in the second quarter, down from 29 percent in Q3 2013. Mobile customers in Chile totalled 10.11 million at the end of the

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Categories: General
Companies: Entel
Countries: Chile
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