RACSA reports that it turned a profit in 2015

Radiográfica Costarricense S.A. turned a profit in 2015 for the first time in six years, said the parent Instituto Costarricense de Electricidad.

The profit was 4.5 per cent instead of the 13.19 percent loss in 2014, the parent company said.

Francisco Calvo, general manager of the company known as RACSA, said that the profit resulted from developing new opportunities, innovations, keeping clients, financial discipline and involvement with the parent Grupo ICE, according to a news release.

The pioneer Internet provider has been considered to be on the ropes, in part because it is in competition with its own parent. However,  the Instituto Costarricense de Electricidad seems to be stressing more of its cell services now.

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