October 4, 2025
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Business Companies

Grupo Éxito Posts Net Loss for 1Q 2024

Medellin Herald
Medellin-based multinational supermarket/dry-goods retailer Grupo Éxito – now a subsidiary of El Salvador-based Grupo Calleja – on May 8 posted a COP$37.8 billion (US$9.7 million) net loss for first quarter 2024. That represents an 184% decline from the net profit of COP$45 billion (US$9.6 million) posted in 1Q 2023. “During the first quarter of 2024, […]
Business Companies

EPM 1Q 2024 Net Income Up 6% Year-on-Year

Medellin Herald
Medellin-based multinational electric-power, water, wastewater and trash-disposal giant EPM announced May 7 a 6% year-on-year hike in net income, hitting COP$1.7 trillion (US$435 million) Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 17% year-on-year, to COP$3.4 trillion (US$871 million), while gross revenues rose 12% year-on-year, to
Business Companies

ISA 1Q 2024 Net Income Falls 23% Year-on-Year

Medellin Herald
Medellin-based multinational electric-power transmission, highways and telecom operator ISA announced April 30 that its first quarter (1Q) 2024 net income fell 23% year-on-year, to COP$634 billion (US$162 million). Operating income (excluding construction) dipped 12% year-on-year, to COP$2.7 trillion (US$689 million), while earnings before interest, taxes, depreciation and

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