AquaChile doubles net profit in first three quarters


In the first nine months of 2018, Empresas AquaChile registered a net profit of USD 71.3 million, more than double the amount obtained in the same period last year, a result attributed mainly to the net effect of the valorization of biomass at fair value and the sale of shares of Salmones Chaicas.

The company reported that as of September 30 of this year, its "consolidated sales" increased by 31 per cent compared to the same period of 2017, while its "operating costs" and "other costs and operating expenses" increased by 38 per cent and 41 per cent, respectively.

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