trending Market Intelligence /marketintelligence/en/news-insights/trending/0Z78PkfgLKN0bPyga0dkQw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Cerveceria San Juan Q1 profit falls YOY

Blog

ESG hits the mainstream for European private equity sponsors

Blog

What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcast

Episode 1: Origins of 451 Research - Part 1


Cerveceria San Juan Q1 profit falls YOY

Cerveceria San Juan SA said its first-quarter normalized net income was 20 Peruvian céntimos per share, a decrease of 18.5% from 25 céntimos per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 19.8 million soles, a decrease of 18.5% from 24.3 million soles in the prior-year period.

The normalized profit margin dropped to 14.3% from 19.4% in the year-earlier period.

Total revenue increased 10.6% on an annual basis to 139.0 million soles from 125.7 million soles, and total operating expenses rose 22.3% on an annual basis to 106.1 million soles from 86.7 million soles.

Reported net income fell 18.9% year over year to 22.6 million soles, or 23 céntimos per share, from 27.9 million soles, or 28 céntimos per share.

As of April 29, US$1 was equivalent to 3.27 soles.