Business Companies

Fabricato Posts Net Profits for 1H 2025, Reversing 1H 2024 Losses

Medellin Herald August 16, 2025

Medellin-based textile giant Fabricato announced August 15 that its first-half (1H) 2025 net income rose to COP$6.9 billion (US$1.7 million), up from a COP$28 billion (US$6.9 million) net loss in 1H 2024. Revenues for 1H 2025 dipped 1% year-on-year, to COP$136 billion (US$33.8 million), while

Business Companies

Grupo IMSA 2Q 2025 Profits Dip 45% Year-on-Year

Medellin Herald August 16, 2025

Medellin-based multinational specialty chemicals and consumer-products vendor Grupo IMSA reported August 15 that its second quarter (2Q) net income declined 45% year-on-year, to COP$4.8 billion (US$1.2 million), from COP$8.7 billion (US$2.16 million) in 2Q 2024. Revenues also dipped 16% year-on-year, to COP$74 billion (US$18 million) in 2Q 2025 versus COP$88 billion (US$22

Business Companies

Compañía de Empaques/Grupo Excala 2Q 2025 Net Profits Improve

Medellin Herald August 16, 2025

Medellin-based multinational fibers-and-packaging specialist Compañía de Empaques/Grupo Excala announced August 15 that its second quarter (2Q) 2025 net income jumped by 204% year-on-year, to COP$7.3 billion (US$1.8 million), up from COP$2.4 billion (US$587,000) net income in 2Q 2024. Sales for 2Q 2025 also rose 9% year-on-year, to COP$113 billion (US$28 million),

Business Companies

Valores Simesa 2Q 2025 Net Income Jumps 314% Year-on-Year

Medellin Herald August 14, 2025

Medellin-based Valores Simesa – mainly a real-estate developer in-and-around Medellin – announced August 14 that its second quarter (2Q) 2025 net income jumped by 314% year-on-year, to COP$6.3 billion (US$1.55 million), from COP$1.4 billion (US$345,000) in 2Q 2024. Revenues from ordinary activities for 2025 weren’t reported as comparable to the exceptional COP$19 billion

Business Companies

Odinsa 1H 2025 Net Income Jumps 91% Year-on-Year

Medellin Herald August 13, 2025

Medellin-based highways-and-airports concessionaire Odinsa SA — a division of Grupo Argos — announced August 13 that its first half (1H) 2025 net income soared by 91% year-on-year, to COP$87 billion (US$21.6 million), from COP$45 billion (US$11 million) in 1H 2024. Revenues also jumped by 65% year-on-year, to COP$159 billion (US$39 million), while earnings

Business Companies

Grupo Éxito 2Q 2025 Net Income Soars Year-on-Year

Medellin Herald August 13, 2025

Medellin-based multinational supermarket giant Grupo Éxito announced August 13 a second quarter (2Q) 2025 net profit of COP$146.8 billion (US$36 million), a huge reversal from the COP$18.7 billion (US$4.6 million) net loss in 2Q 2024. Sales rose 2.4% year-over-year, to COP$4.87 trillion (US$1.21 billion), while recurring earnings before interest, taxes, depreciation and

Business Companies

Mineros SA 2Q 2025 Net Profit Soars 141% Year-on-Year

Medellin Herald August 13, 2025

Medellin-based multinational gold miner Mineros SA announced August 12 a 141% jump in second quarter (2Q) 2025 net profit, hitting US$43.5 million, from US$18 million in 2Q 2024. Revenues in the latest quarter rose 37%, to US$182 million, while adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 66% year-on-year, to US$82 million,

Business Companies

Conconcreto 2Q 2025 Net Income Rises 11% Year-on-Year

Medellin Herald August 13, 2025

Medellin-based infrastructure-construction giant Conconcreto announced August 12 an 11.1% year-on-year boost in second quarter (2Q) 2025 net income, hitting COP$32.7 billion (US$8.1 million) – “driven mainly by a reduction in financial costs.” Consolidated revenues rose 8% year-on-year, to COP$294 billion (US$73 million), while earnings before interest, taxes, depreciation

Business Companies

Cementos Argos 2Q 2025 Net Income Soars 1,475% Year-on-Year

Medellin Herald August 13, 2025

Medellin-based cement/concrete giant Cementos Argos (a division of Grupo Argos) on August 13 announced a 1,475% year-over-year jump in second quarter (2Q) 2025 net income, hitting COP$245 billion (US$61 million) – overwhelmingly due to profits on the sale of its former partial holdings in Summit Materials in the U.S. As for first half (1H) 2025, […]

Companies

Celsia 2Q 2025 Net Income Falls 19.9% Year-on-Year

Medellin Herald August 12, 2025

Medellin-based electric power giant Celsia (a division of Grupo Argos) announced August 11 that its second quarter (2Q) 2025 net income fell 19.9% year-on-year, to COP$111.7 billion (US$27.7 million), from COP$139 billion (US$34 million) in 2Q 2024. Revenues fell 31.6%, to COP$1.3 trillion (US$323 million), while earnings before interest, taxes, depreciation and