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Algorta Norte S.A. (Chile)

Main Activities: Other Chemical and Fertilizer Mineral Mining
Full name: Algorta Norte S.A. Profile Updated: February 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English & Spanish Download a sample report

Algorta Norte S.A. is a mining company founded in 2007 that specializes in the extraction and production of iodine. Its main operation is located in the northwest of Baquedano, in the Antofagasta region, covering a total extraction area of 14,000 hectares. The company's main shareholders are Inversiones Minerales S.A, owned by members of the De Urruticoechea family, who hold 74.5% of the total shares, and the Japanese corporation Toyota Tsusho, which holds 25.5%. Toyota Tsusho is one of Japan's largest trading companies and the sixth largest in the world. It has a network of exchanges with a group of 94 domestic companies and 344 consolidated global companies, including over 150 offices and 900 subsidiaries and affiliates worldwide. Algorta Norte has become a leader in the national and international iodine production market over the years.

Headquarters
Los Militares 5890, Piso 5
Las Condes; Metropolitana;

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Website: http://www.algortanorte.cl/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
September 14, 2007
Key Executives
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President
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Director
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Director
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Director
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General Manager
Ownership Details
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74.5%
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25.5%
Subsidiaries
Algorta Singapore Pte. Ltd. (Singapore)
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
203.92%
Total operating revenue
203.92%
Operating profit (EBIT)
127.49%
Net Profit (Loss) for the Period
115.09%
Total assets
216.09%
Total equity
238.06%
Operating Profit Margin (ROS)
-11.9%
Net Profit Margin
-9.34%
Return on Equity (ROE)
-10.15%
Debt to Equity Ratio
-48.61%
Quick Ratio
-0.22%
Cash Ratio
0.46%

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