Chilean retailer Supermercados Unimarc has said that its net loss for the 2006 fiscal year fell to CLP7.91bn, from CLP8.29bn in 2005, on the back of improved sales.

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The supermarket operator posted a 5% increase in fiscal 2006 sales, which rose to CLP118.1bn (US$218m) from CLP112.5bn posted for fiscal 2005.


Gross profit during 2006 was CLP28.83bn, up 5% compared to the CLP27.45bn reported in 2005. As a percentage of sales, gross margins for the year were 24.4%, the same as in 2005.


Unimarc posted an operating loss for the 2006 fiscal year of CLP3.44bn, compared to CLP4.19bn in 2005, bolstered by the improved sales result.


At the end of fourth quarter, Unimarc had 41 stores in Chile, with a total sales area of 61,406 square meters.

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