Peruvian distributor Electro Sur Este 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.
Electro Sur Este's 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)
7/26/07
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