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Article: Chile: Coresa made profit of Pesos$1.8bil in 1st semester.
- Article from:
- South American Business Information
- Article date:
- July 30, 1999
CopyrightCOPYRIGHT 1999 COMTEX News Network, Inc. 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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Chile's plastic containers manufacturer Coresa (Contenedores, Redes y Envases) posted net profit of Pesos$1.827bil in the 1st semester of 1999, compared with losses of Pesos$561.8mil in the same period of 1998. The positive result is attributed to the sale of a 50% stake in Ipac to Imsa for US$23.7mil, since Coresa made a non-operating profit of Pesos$2.192bil in the 1st semester of 1999, in comparison with losses of Pesos$656.7mil in ...
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