Inversiones Covadonga Third Quarter 2023 Earnings: EPS: CL$1.50 (vs CL$4.02 in 3Q 2022)

Inversiones Covadonga (SNSE:COVADONGA) Third Quarter 2023 Results

Key Financial Results

• Revenue: CL$44.2m (down 57% from 3Q 2022).
• Net income: CL$34.5m (down 63% from 3Q 2022).
• Profit margin: 78% (down from 90% in 3Q 2022). The decrease in margin was driven by lower revenue.
• EPS: CL$1.50 (down from CL$4.02 in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Inversiones Covadonga's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Inversiones Covadonga (2 are concerning) you should be aware of.

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