A total of 648 companies reported their 2025 financial results to the Comisión para el Mercado Financiero (CMF) on Tuesday, March 31, totaling profits of US$32.231 million, a 28.57% year-over-year increase. Codelco posted the highest earnings at US$2.422.4 million, boosted partly by its lithium business. Overall revenues reached US$373.920 million, with cash equivalents rising to US$49.667 million.
The 648 companies reporting to the CMF on March 31 wrapped up the 2025 earnings season with a sharp rise in profits. Net earnings totaled US$32.231 million, up 28.57% from 2024, alongside revenues of US$373.920 million, a 6.14% increase, and cash equivalents of US$49.667 million, up 14.17%.
Codelco topped the list with US$2.422.4 million in profits, a 909.9% jump from US$239.9 million the previous year. Forty percent came from Novandino Litio, its venture with SQM, contributing US$989 million. The state miner also reported EBITDA of US$6.670 million, up 23%, and fiscal contributions of US$1.778 million, a 16% rise.
Among state firms, 37 government-controlled companies tallied US$4.618 million in profits, up 258.8%, with revenues of US$43.372 million. Enap recorded US$847.9 million (107.8% higher) and Enap Refinerías US$644 million (83.8% up). Others included Mall Plaza at US$1.575 million, Falabella at US$1.485 million, and Latam Airlines at US$1.459 million.
Twelve sectors saw gains, such as retail (145.9% to US$2.066 million) and cement producers (182.7% to US$62.2 million). Electric utilities fell 29%, forestry dropped 77.3%, and telecoms ended with US$314 million losses, though improved from 2024.
