Falabella Q3 Net Profit Down 22%

SACI Falabella reported a 22% drop in its third-quarter net profit. Its quarterly net profit declined to 59.53 billion pesos ($123.1 million). Excluding tax charges, its net income rose 3% to CLP78.44 billion. Its revenue climbed 16% to CLP1.402 trillion, while earnings before interest, taxes, depreciation and amortization surged 12% to CLP165.53 billion.