Chile: Compania Cervecerias Unidas reports fourth-quarter profit at $76.9 mln

Compania Cervecerias Unidas (CCU) on February 26 reported fourth-quarter profit of $76.9 million.

On a per-share basis, the Santiago, Chile-based company said it had net income of 42 cents.

The company posted revenue of $1 billion in the period.

For the year, the company reported profit of $170.6 million, or 92 cents per share. Revenue was nearly unchanged at $3.08 billion.

Cervecerias Unidas shares have risen 15% since the beginning of the year. The stock has increased 14% in the last 12 months.

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