Chile’s Cencosud posts Q2 net loss of $21.9 million

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The logo of retailer Cencosud is seen at its corporate building in Santiago

SANTIAGO – Chilean retailer Cencosud on Thursday said its net loss in the second quarter was of $21.9 million.

Cencosud, one of South America’s largest retailers, reported that its overall revenue increased 22% year-on-year to $3.812 billion.

(Reporting by Carolina Pulice and Fabian Cambero; Editing by Brendan O’Boyle)