Electro Sur Este H1 profit up 154% to US$2.13mn

Peruvian distributor saw net profit in the first half of 2007 jump 154% to 6.72mn soles (US$2.13mn) from 1H06, the company reported to securities regulator Conasev.

In the period, higher consumption, in particular from mining companies, helped net sales grow 8.2% to 58.6mn soles, with operating profit up 145% to 6.34mn soles.

Financial gains helped boost the bottom line.

concession covers 6,111km2 in the departments of Cuzco, Apurímac and Madre de Dios, and Sucre province in Ayacucho department.

Publication: Business News Americas - English News
Provider: Business News Americas
Date: July 25, 2007 (21:07)

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