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Cristalerias de Chile: net profit up in 1999

Chilean glass manufacturer Cristalerias de Chile reported a net profit in 1999 of Pso 19.77 billion, up 15.6% from 1998.
Cristalerias said in a statement that the increase was due primarily to improv…

Chilean glass manufacturer Cristalerias de Chile reported a net profit in 1999 of Pso 19.77 billion, up 15.6% from 1998. Cristalerias said in a statement that the increase was due primarily to improved results in the glass business, Crowpla-Reicolite and Cristalchile Comunicaciones. Cristalerias saw lower operating profits in its subsidiaries Santa Rita, Ciecsa and Apoger. Consolidated operating profits last year were Pso 21.69 billion.

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