Net profit increased by 9.5% from CLP22.73 billion to CLP24.90 billion in the nine-month period. The company said non-operating results rose from CLP7.94 billion to CLP9.79 billion.
CHILE: Net profit up 9.5% at Andina
The Chilean soft drinks bottler, Embotelladora Andina SA, posted a net profit for the first nine months of the current fiscal year on the back of a turnaround in its non-operating results. In contrast, the company's operating profit and sales both fell. Sales declined by 20.3% to CLP291.19 billion, while operating profit was down 33.8% at CLP24.24 billion.