Sociedad de Inversiones Campos Chilenos SA said its normalized net income for the first quarter came to $420,130, a rise from $116,380 in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin increased to 0.3% from 0.1% in the year-earlier period.
Total revenue declined year over year to $127.7 million from $133.8 million, and total operating expenses decreased 5.5% from the prior-year period to $123.1 million from $130.2 million.
Reported net income came to $1.1 million, or 0 cents per share, compared to $1.1 million, or 0 cents per share, in the year-earlier period.
