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SANTIAGO, May 12 (Reuters) - Chile-based retailer Falabella reported first-quarter net profit of 105.8 billion pesos ($169 million), a 13.2 percent increase from a year ago, on higher sales.
Falabella - which operates its department stores, home improvement chains, banking and other brands throughout South America - said late on Tuesday that consolidated sales rose 13.1 percent versus a year earlier to 1.95 trillion pesos ($3.1 billion). (Reporting by Anthony Esposito; Editing by Chris Reese)