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Asmar (Chile)

Main Activities: Ship and Boat Building
Full name: Astilleros y Maestranzas de la Armada Profile Updated: November 12, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Spanish Download a sample report

Astilleros y Maestranzas de la Armada (ASMAR), founded in 1960 and headquartered in Valparaíso, Chile, is a state-owned strategic defense company specializing in shipbuilding, repair, and maintenance services for the Chilean Navy and commercial vessels. ASMAR operates three main shipyards located in Talcahuano, Valparaíso, and Magallanes, supporting naval operations and offering services to international clients. Its ownership lies entirely with the Chilean State, under the Ministry of National Defense. ASMAR’s core activities include the construction of naval vessels, the maintenance and repair of warships and merchant ships, and engineering solutions for maritime operations. The company’s most important products and projects include the AGB-46 Almirante Viel icebreaker, delivered in 2024—the first of its kind built in the Southern Hemisphere—and the ongoing construction of a multipurpose amphibious transport ship under the Escotillón IV project. ASMAR is widely recognized as a leader in naval engineering and shipbuilding in South America. ASMAR was created to ensure the operational readiness of Chile’s naval fleet and has evolved into a modern industrial complex aligned with the National Continuous Shipbuilding Plan (PNCCN), which aims to produce all surface units required by the Chilean Navy domestically.

Headquarters
Prat 856, Floor 13
Valparaiso; Valparaiso;

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Website: https://www.asmar.cl/

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
April 06, 1960
Key Executives
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President
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Director
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Director
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Director
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Director
Subsidiaries
Compania De Ingenieria De Sistemas Y Desarrollos Funcionales Ltda
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CLP. Absolute financial data is included in the purchased report.
Net sales revenue
-10.05%
Total operating revenue
-6.69%
Operating profit (EBIT)
-99.89%
EBITDA
-99.89%
Net Profit (Loss) for the Period
-38.69%
Total assets
3.94%
Total equity
2.05%
Operating Profit Margin (ROS)
-9.15%
Net Profit Margin
-2.92%
Return on Equity (ROE)
-0.84%
Debt to Equity Ratio
-0.44%
Quick Ratio
0.17%
Cash Ratio
0.32%

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