March 5 (Reuters) - Chile's Cencosud, one

of Latin America's largest retailers, on Tuesday reported a 42%

fall in fourth-quarter net profit, landing at 83.3 billion pesos

($94 million), while revenues shrunk 16% to 3.30 trillion pesos.

Quarterly adjusted earnings before interest, taxes,

depreciation and amortization (EBITDA) shrunk 17% while the

annual figure fell 7% compared to a year earlier.

Cencosud cited effects from hyperinflation in Argentina

as well as growing labor costs, slower consumption and effects

linked to the El Nino weather pattern, which warms the Pacific.

The results come days after new Chief Executive Rodrigo

Larrain assumed office, some six months after former CEO Matias

Videla

stepped down

shortly after being fined for insider trading.

The board had initially nominated Heike Paulmann, board

chair and daughter of the company's founder, as interim CEO but

regulators ruled she could not serve both roles and another was

appointed. Paulmann was later replaced as board chair.