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Empresa Portuaria Puerto Montt (Chile)

Main Activities: General Warehousing and Storage
Full name: Empresa Portuaria Puerto Montt Profile Updated: January 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Empresa Portuaria Puerto Montt is a public entity located in Puerto Montt, Chile. It was founded on February 12, 1853, by Vicente Pérez Rosales, who was appointed by the government for the colonization of Valdivia and Llanquihue. The port activity began immediately, with shipments of wood to Valparaíso and Europe, as well as exports of wool, honey, leather, and wheat. In 1929, the construction of the port began in its current location in the Tenglo channel, protected from the southern winds by the island of the same name. The reconstruction of the commercial port was necessary after it was destroyed by an earthquake in 1960. The reconstruction was carried out by the company Belfi, and the first stage was completed in 1966, consisting of a 151-meter long wharf. The second stage, completed in 1979, included an additional 201 meters of docking wharf, warehouses, railway tracks, port facilities, and utilities. The construction of ramps for the ferry terminal began in 1979 and was completed in the second half of 1980. Empresa Portuaria Puerto Montt was created by Law No. 19542 of the Ministry of Transport and Telecommunications in 1997, modernizing the state port sector. It operates as a public legal entity with its own assets and is the legal successor of Empresa Portuaria de Chile. The company is subject to the same financial, accounting, and tax regulations as open anonymous societies.

Headquarters
Angelmo 1673
Puerto Montt; Los Lagos;

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Website: http://www.empormontt.cl

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
December 01, 1997
Key Executives
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President
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Director
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Director
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General Manager
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Financial and Administrative Manager
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
9.05%
Total operating revenue
8.7%
Operating profit (EBIT)
3.01%
EBITDA
2.93%
Net Profit (Loss) for the Period
-35.16%
Total assets
13.34%
Total equity
3.97%
Operating Profit Margin (ROS)
-1.91%
Net Profit Margin
-13.83%
Return on Equity (ROE)
-3.63%
Quick Ratio
-2.27%
Cash Ratio
-0.05%

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