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Colegios Peruanos Q3 loss widens YOY

4916941 said its third-quarter normalized net income amounted to a loss of 9 Peruvian céntimos per share, compared with a loss of 4 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 a loss of 2.5 million soles, compared with a loss of 964,380 soles in the prior-year period.

The normalized profit margin fell to negative 7.3% from negative 3.9% in the year-earlier period.

Total revenue rose 40.0% year over year to 34.8 million soles from 24.9 million soles, and total operating expenses increased 44.0% year over year to 31.4 million soles from 21.8 million soles.

Reported net income totaled a loss of 1.3 million soles, or a loss of 5 céntimos per share, compared to a loss of 1.5 million soles, or a loss of 7 céntimos per share, in the year-earlier period.

s of Oct. 20, US$1 was equivalent to 3.38 soles.Colegios Peruanos SA

4916941 said its third-quarter normalized net income amounted to a loss of 9 Peruvian céntimos per share, compared with a loss of 4 céntimos per share in the year-earlier period.