Cencosud’s profits fall 19% in 2019 to $182.3 million

Cencosud suffered losses of CH$25.8 billion ($30.5 million) in the fourth quarter of 2019. This compares with $140.1 billion ($165.04 million) in profits it made in the same period in 2018. Last year, the company recorded a profit of $154.617 billion ($182.3 million), which represented a 19% decrease from the $190.594 billion ($224.49 million) earned in 2018.

Source: La Tercera