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Article: Parque Arauco Reports Second Quarter 2009 Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- August 4, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* Quarterly Net Income Increases by 93% to Ch$6,238; First Half Net Income Up 125% to Ch$29,579 million
* Gross Profit Improves by 21% to Ch$10,325 million on Combination of Higher Revenue and Reduced Costs for the Quarter
* FFO Reaches Ch$8,291 million, 66% Growth over Q208 and Records 56.4% FFO Margin; Owned GLA Expands 19% to 414,759 mU
SANTIAGO, Chile -- Parque Arauco S.A. (Santiago Stock Exchange: Parauco; Bloomberg: PARAUCO:CI), one of Latin America's leading shopping center developers and operators, based on gross leasable area (GLA), reported financial results for the second quarter ended June 30, 2009. The following financial and ...