January 21, 2017 9:39 AM 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

Isapre Consalud S.A. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Isapre Consalud S.A. announced earnings results for the third quarter and nine months ended September 30, 2016. For the third quarter, the company's revenue was $156,577,000 against $139,563,000 for the same period last year. Operating loss was $2,945,000 against of $7,235,000 for the same period last year. Loss before tax was $2,194,000 against $6,372,000 for the same period last year. Loss from continuing operations was $1,736,000 against $5,403,000 for the same period last year. Loss to the company was $1,736,000 against $5,403,000 for the same period last year. LBITDA was $1,031,000 against $5,250,000 for the same period last year. For the nine months, the company's revenue was $449,710,000 against $410,770,000 for the same period last year. Operating loss was $8,484,000 against of $2,171,000 for the same period last year. Loss before tax was $6,308,000 against profit before tax of $0,263,000 for the same period last year. Loss from continuing operations was $4,029,000 against $551,000 for the same period last year. Loss to the company was $4,029,000 against $551,000 for the same period last year. LBITDA was $2,808,000 against EBITDA of $3,411,000 for the same period last year.

Isapre Consalud Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Isapre Consalud reported earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenues were USD 147,114,000 compared to USD 135,281,000 a year ago. Operating loss was USD 5,919,000 compared to operating income of USD 2,219,000 a year ago. Loss before taxes was USD 5,251,000 compared to profit before taxes of USD 3,108,000 a year ago. Loss from continuing operations was USD 2,770,000 compared to income from continuing operations of USD 2,369,000 a year ago. Loss of the company was USD 2,770,000 compared to profit of the company of USD 2,369,000 a year ago. LBITDA was USD 3,999,000 against EBITDA of USD 4,148,000 a year ago. For the six months, the company reported revenues were USD 291,648,000 compared to USD 269,833,000 a year ago. Operating loss was USD 5,511,000 compared to operating income of USD 5,038,000 a year ago. Loss before taxes was USD 4,093,000 compared to profit before taxes of USD 6,602,000 a year ago. Loss from continuing operations was USD 2,282,000 compared to income from continuing operations of USD 4,827,000 a year ago. Loss of the company was USD 2,281,000 compared to profit of the company of USD 4,827,000 a year ago. LBITDA was USD 1,767,000 against EBITDA of USD 8,618,000 a year ago. During the first semester of 2016, revenues experienced an 8.1% increase when compared to those as of the first half 2015. This was mainly explained by the 2.8% increment in the average number of contributors, the annual inflation of 4.2% (approximately 85% of Consalud's contributors have a healthcare plan linked to the UF), and the larger contribution cap which increased contributions from the higher income segment.

Isapre Consalud Reports Earnings Results for the First Quarter Ended March 2016

Isapre Consalud reported earnings results for the first quarter ended March 2016. For the quarter, the company reported revenues of USD 142,715,000 against USD 132,859,000 a year ago. Operating income was USD 403,000 against USD 2,783,000 a year ago. Profit before tax was USD 1,143,000 against USD 3,450,000 a year ago. Income from continuing operations was USD 482,000 against USD 2,427,000 a year ago. Profit to Consalud was USD 482,000 against USD 2,427,000 a year ago. EBITDA was USD 2,204,000 against USD 4,413,000 a year ago. Revenues experienced a 7.4% increase when compared to those as of the first quarter 2015. This was mainly explained by the 2.5% increment in the number of average contributors, the annual inflation of 4.5% (approximately 85% of Consalud's contributors have a healthcare plan linked to the UF), and the larger contribution cap which increased contributions from the higher income segment.

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