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July 30, 2015 5:05 PM ET

Insurance

Company Overview of Isapre Consalud S.A.

Company Overview

Isapre Consalud S.A. operates as a health insurance company. The company is based in Santiago, Chile.

Pedro Fontova 6650

Santiago,  

Chile

Phone:

56 2 332 4000

Fax:

56 2 425 6716

Key Executives for Isapre Consalud S.A.

Isapre Consalud S.A. does not have any Key Executives recorded.

Isapre Consalud S.A. Key Developments

Consalud Reports Earnings Results for the First Quarter Ended March 31, 2015

Consalud reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of USD 142,023,000 against USD 133,778,000 a year ago. Operating income was USD 2,975,000 against USD 12,352,000 a year ago. Profit before tax was USD 3,688,000 against USD 13,257,000 a year ago. Income from continuing operations was USD 2,594,000 against USD 10,741,000 a year ago. Profit to the company was USD 2,594,000 against USD 10,741,000 a year ago. EBITDA was USD 4,718,000 against USD 14,265,000 a year ago. The revenue experienced an increase of 6.2%, versus the comparable period. This is explained by an increase in revenues due to the UF, considering that 85% of contributors have a healthcare plan linked to the UF. Besides the company showed an increase in the portfolio of contributors in relation to March 2014. Finally, the 6.2% increase in revenue also reflects the increase in the cap, which rose from 72.3 to 73.2 UF, thereby increasing the contribution of members in the higher income segment.

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