Forestry giant Copec's profits dip even as revenues beat forecasts
ReutersAug 14, 2025 9:47 PM
Aug 14 (Reuters) - Chilean industrial conglomerate Empresas Copec COPEC.SN on Thursday posted an 21% drop in second quarter profit, landing at $228 million, from revenues that edged down 1% to $7.18 billion.
Revenues for the firm, which owns a large forestry business as well as fuel distribution, mining and fishing operations, nevertheless landed comfortably ahead of those expected by analysts polled by LSEG, who had forecast just $6.84 billion.
Profits landed in line with their estimates.
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