Inversiones La Construcción S.A Reports Earnings Results for the First Quarter Ended March 31, 2019
May 27, 2019
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Inversiones la Construcción S. A announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced net income was CLP 35,502 million compared to CLP 35,657 million a year ago.
Inversiones la Construccion SA (ILC) is a Chile-based company primarily engaged in the life insurance sector. The Company's activities are divided into six segments: Fund management (AFP), which administrates pension funds through AFP Habitat; Private health insurance (Isapre), which administrates health insurance contributions through Isapre Consalud; Insurance, which offers individual and collective life insurance policies through Confuturo and Corpseguros, among others; Healthcare, which manages a network of private hospitals and clinics through Red Salud; Bank, which provides financial services for retail and commercial consumers through Banco Internacional, and Other, which includes operation of private schools, as well as provision of information technology (IT) outsourcing services, among others. The Company is a subsidiary of Camara Chilena de la Construccion Asociacion Gremial.