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Empresa Electrica Regional Centro Sur C.A. (Ecuador)

Main Activities: Electric Power Distribution
Full name: Empresa Electrica Regional Centro Sur C.A. Profile Updated: December 15, 2023
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Empresa Electrica Regional Centro Sur C.A. is an electricity company located in Cuenca, Ecuador. It was incorporated in September 1950 as "Empresa Electrica Miraflores S.A." and has since evolved with significant changes, including the establishment of Substations #3 in Monay and #4 in the Visorrey sector. In 1979, the company changed its name to "Empresa Electrica Regional Centro Sur C.A." and expanded its service area to cover most of the provinces of Azuay and Cañar. In 1987, the company was entrusted with the administration of the Morona Santiago Electrical System by INECEL. In 1996, a new legal framework for the sector was implemented, leading to the segmentation of companies into Generation, Transmission, and Distribution-Commercialization. In 1999, CENTROSUR underwent significant organizational and social changes, resulting in the formation of Electro Generadora del Austro S.A. and CENTROSUR focusing on Distribution and Commercialization. In 2008, CENTROSUR expanded its services to include data transmission, internet, and other value-added services. The company aims to bridge the digital divide and contribute to the region and country's development. Their goal for 2025 is to be recognized in Latin America for their excellence in providing electricity and general public lighting services, as well as customer satisfaction.

Headquarters
Av. Max Uhle, Empresa Electrica Bldg.
Cuenca; Azuay;

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Website: http://www.centrosur.com.ec

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
September 11, 1950
Key Executives
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Executive President
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Chairman
Ownership Details
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87.41%
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8.17%
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2.51%
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0.82%
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0.3%
Subsidiaries
Empresa Electrica Regional Centro Sur C.A.
0.13%
Company Performance
Financial values in the chart are available after Empresa Electrica Regional Centro Sur C.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-12.11%
Total operating revenue
-12.55%
Operating profit (EBIT)
-40.81%
EBITDA
-20.48%
Net Profit (Loss) for the Period
-46.72%
Total assets
5.1%
Total equity
4.23%
Operating Profit Margin (ROS)
-7.43%
Net Profit Margin
-8.18%
Return on Equity (ROE)
-3.41%
Quick Ratio
1.41%
Cash Ratio
0.66%

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