Advertisement
Canada markets closed

  • S&P/TSX

    22,059.03
    -184.99 (-0.83%)
     

  • S&P 500

    5,567.19
    +30.17 (+0.54%)
     

  • DOW

    39,375.87
    +67.87 (+0.17%)
     

  • CAD/USD

    0.7332
    -0.0015 (-0.20%)
     

  • CRUDE OIL

    83.44
    -0.44 (-0.52%)
     

  • Bitcoin CAD

    77,451.48
    +1,729.81 (+2.28%)
     

  • CMC Crypto 200

    1,180.59
    -28.10 (-2.33%)
     

  • GOLD FUTURES

    2,399.80
    +30.40 (+1.28%)
     

  • RUSSELL 2000

    2,026.73
    -9.90 (-0.49%)
     

  • 10-Yr Bond

    4.2720
    -0.0830 (-1.91%)
     

  • NASDAQ

    18,352.76
    +164.46 (+0.90%)
     

  • VOLATILITY

    12.48
    +0.22 (+1.79%)
     

  • FTSE

    8,203.93
    -37.33 (-0.45%)
     

  • NIKKEI 225

    40,912.37
    -1.28 (-0.00%)
     

  • CAD/EUR

    0.6762
    -0.0030 (-0.44%)
     

Chile's Cencosud posts steep loss in first quarter

Reuters

MEXICO CITY, May 2 (Reuters) - Chile's Cencosud , one of Latin America's largest retailers, posted a 22.61 billion pesos loss for the January to March period, reversing the 60.37 billion pesos gain seen in the year earlier period, as sales costs and expenses hiked.

Nonetheless, revenues hit 3.94 trillion pesos, a 12.4% jump from the year before. (Reporting by Valentine Hilaire, Aida Pelaez Fernandez and Marion Giralndo; Editing by Steven Grattan)