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General

Entel profit up 27% in 2017, adds 1.7 mln customers in Peru

Friday 2 February 2018 | 09:51 CET | News
Chilean operator Entel reported fourth-quarter revenues up 3 percent year on year to CLP 513.8 billion, driven by its Peruvian unit, where sales soared 36 percent year on year and offset a fast declining domestic market. The company's overall EBITDA rose 5 percent to CLP 116.5 billion in the fourth quarter, boosted by Peruvian sales, with the lower margins in Chile attributed to a one-time profit of CLP 11.3 billion booked in the year-earlier quarter. Quarterly net profit came in at CLP 14.3 billion compared to a CLP 8.1 billion loss a year earlier, while full-year net profit soared 27

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Categories: General
Companies: Entel
Countries: Chile / Peru
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