Empresas Lipigas S.A. announced today its consolidated financial results for the second quarter ended June 30, 2018. The main results are the following:

Highlights last 6 months:

  • EBITDA reached CLP 39,562 million, a 3.3% lower than the previous year (CLP
    40,891 million). In Chile EBITDA increases by 2.3%.
  • Consolidated LPG sales volume decreases by 1.9%. In Chile it increases by 2.9%.
  • Consolidated sales volume in equivalent LPG tons (including sales of network
    natural gas, compressed natural gas and liquefied natural gas) drops by 1.8% due
    to lower sales in Peru.
  • Income after taxes decreases by 9.1%.

Highlights 2Q 2018:

  • EBITDA decreases 3.1% compared to 2Q17. EBITDA in Chile increases by 0.9%.
  • Consolidated LPG sales volume decreases by 3.1%. In Chile it increases by 2.1%.
  • Consolidated sales volume in equivalent LPG tons (including sales of network
    natural gas, compressed natural gas and liquefied natural gas) decreases by 2.4%
    due to lower sales in Peru.
  • Income after taxes during the last 3 months decreases by 6.5%.

Review Press Release HERE