August 7, 2026
Home Articles posted by Medellin Herald (Page 2)
Business Companies

Fabricato Posts Net Loss for 1Q 2026

Medellin-based textile giant Fabricato announced May 15 a first quarter (1Q) 2026 consolidated net loss of COP$556 million (US$152,000), down 114% year-on-year from a 1Q 2025 net profit of COP$4 billion (US$1.09 million). Consolidated accumulated revenues from ordinary activities also fell 21% year-on-year, to COP$54 billion (US$14.8 million), compared to COP$69 billion
Business Companies

ISA 1Q 2026 Net Income Falls 20% Year-on-Year

Medellin-based multinational electric-power transmission operator, highways concessionaire and telecom-internet operator ISA announced May 6 that its first quarter (1Q) net income fell 20% year-on-year, to COP$558 billion (US$150 million), versus COP$695 billion (US$161 million) in 1Q 2025. Operating revenues also declined 4% year-on-year, to COP$3.8 trillion (US$1.02