Chile: Falabella retailer earnings drop nearly 20 percent September 2012

Posted on November 16, 2012 • Filed under: Business, Chile

The Chilean retailer Falabella, with operations in Argentina, Colombia and Peru, reported earnings of 224.806 million pesos (470.30 million U.S. dollars) to September of this year, 19.9% ​​less than the same period of 2011. According to an assessment submitted to the Superintendency of Securities and Insurance (SVS), the largest firm traded Chilean recorded in the third quarter earnings of 59.528 million pesos (U.S. $ 124.53 million), representing a fall of 22 , 2% in twelve months. Read Article

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