Sociedad Transmisora Metropolitana II Reports Full Year 2023 Earnings

Sociedad Transmisora Metropolitana II (SNSE:STMCHA) Full Year 2023 Results

Key Financial Results

• Revenue: CL$95.1b (down 7.6% from FY 2022).
• Net income: CL$40.4b (up 6.3% from FY 2022).
• Profit margin: 43% (up from 37% in FY 2022). The increase in margin was driven by lower expenses.

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

In the last 12 months, the only revenue segment was Electric Power Transmission contributing CL$95.1b. The most substantial expense, totaling CL$25.5b were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how STMCHA's revenue and expenses shape its earnings.

Sociedad Transmisora Metropolitana II's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Sociedad Transmisora Metropolitana II (2 are concerning!) that we have uncovered.

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