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Sociedad Concesionaria Tunel El Melon II S.A. (Chile)

Main Activities: Highway, Street, and Bridge Construction
Full name: Sociedad Concesionaria Tunel El Melon II S.A. Profile Updated: October 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

On September 13, 1995, the El Melon Tunnel was inaugurated, becoming the first work built and operated under the Public Works Concession System. After 20 years of operation, in 2015 the Ministry of Public Works initiated the process of re-adjudication of the concession of the El Melon Tunnel, awarding the project to the consortium made up of the Chilean construction companies Belfi, Conpax and AURA, all recognized for their extensive experience in the execution of large-scale engineering works. Thus Sociedad Concesionaria Tunel El Melon II S.A. was born, responsible for executing US $ 110 million of investment destined, among others, to raise the current standards of road safety, to modernize the equipment of the existing tunnel and to further reduce travel times through the construction of a new tunnel and the complementation of the current toll collection system with the free flow electronic system, where the latter will start operating from the start of Phase 2.

Headquarters
Puerta Del Sol 55, Office 31-32
Santiago; Metropolitana; Postal Code: 7580067

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Website: http://www.tunelelmelon.cl

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
June 07, 2016
Key Executives
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General Manager
Ownership Details
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50%
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25%
Company Performance
Financial values in the chart are available after Sociedad Concesionaria Tunel El Melon II S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CLP. Absolute financial data is included in the purchased report.
Net sales revenue
387.97%
Total operating revenue
383.95%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
101.3%
Total assets
-9.76%
Total equity
11.5%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-15.07%
Return on Equity (ROE)
5.45%
Debt to Equity Ratio
-11.15%
Quick Ratio
4.34%
Cash Ratio
0.8%

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