The Chilean glassmaker and cable TV operator Cristalerias de Chile SA reported 1996 net earnings of 11.01 billion pesos, up 2% on 1995, and fourth quarter net earnings of 3.64 billion pesos, up 40% fr…
The Chilean glassmaker and cable TV operator Cristalerias de Chile SA reported 1996 net earnings of 11.01 billion pesos, up 2% on 1995, and fourth quarter net earnings of 3.64 billion pesos, up 40% from the same quarter in 1995. The figures were contained in a press statement from the company. It said consolidated sales were 82.83 billion pesos last year, with operating results of 13.95 billion pesos and a non-operating loss of 876 million pesos. It also said that 1995 sales figures were not strictly comparable because of the company“s purchase of the Vina Santa Rita winery last year.