Parque Arauco Revenue Up 17.9% but Profit Falls 30.8%
By Andrés Morales
Published on August 1, 2026.
Chile-based developer, Parque Arauco, reported a 17.9% surge in revenue to CLP 104,178 million (approx. US$117 million) and an adjusted EBITDA margin of 77.6%. The strong performance was driven by double-digit tenant sales growth in Peru and Colombia, and coincided with the company's announcement of acquiring Mall Paseo Quilín in Santiago’s southeast corridor for an enterprise value of about US$119 million. However, net income attributable to the controlling interest fell 30.8% to CLp 18,353 million (approximately US$20.6 million), a figure that may reflect non-operational factors or financing costs. The acquisition of Mall Paseso Quillín comes amid what analysts are calling a sustained mall boom in Chile. Despite macroeconomic headwinds in Latin America, formal retail spaces continue to consolidate, driven by a growing middle class and shift towards experiential shopping.
Related Articles
Where U.S. families spend the most for back-to-school
U.S.A.G.O.M.O., or.S., is your name?
Guyana FPSO Errea Wittu Sails Toward 250,000 Bpd Target
The Errea Wittu, ExxonMobil’s largest floating production vessel, aims to produce 250,000 barrels per day in the Uaru field, transforming Guyana's economy.
Your bigger accident settlement could leave you with less
Bigger accident settlements often lead to higher legal fees, but the financial gap exists between the benefits and the costs, highlighting underlying inconsistencies in financial decisions.