trending Market Intelligence /marketintelligence/en/news-insights/trending/AbstsWkENOrWx7hJCUPygg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Cartavio swings to profit in Q2

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs


Cartavio swings to profit in Q2

Cartavio S.A.A. said its normalized net income for the second quarter amounted to 77 Peruvian céntimos per share, compared with a loss of 12 céntimos per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 16.0 million soles, compared with a loss of 2.8 million soles in the prior-year period.

The normalized profit margin rose to 3.1% from negative 4.3% in the year-earlier period.

Total revenue grew 61.8% year over year to 105.7 million soles from 65.3 million soles, and total operating expenses grew 20.0% from the prior-year period to 78.8 million soles from 65.7 million soles.

Reported net income totaled 22.3 million soles, or 1.08 soles per share, compared to a loss of 908,000 soles, or a loss of 4 céntimos per share, in the year-earlier period.

As of July 27, US$1 was equivalent to 3.36 soles.