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

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

Business Companies Uncategorized

Enka 1H 2025 Net Income Plummets 93% Year-on-Year

Medellin Herald August 12, 2025

Medellin-based textiles and plastics-recycling giant Enka announced August 12 that its first-half (1H) 2025 net income fell 93% year-on-year, to just COP$635 million (US$158,000), from COP$8.9 billion (US$2.2 million) in 1H 21024. Revenues for 1H 2025 fell 14.5% year-on-year, to COP$206 billion (US$51 million), while earnings before interest, taxes, depreciation and

Business Companies Uncategorized

Construcciones El Condor Posts Net Loss for 2Q 2025

Medellin Herald August 9, 2025

Medellin-based highway construction giant Construcciones El Condor on August 8 posted a second quarter (2Q) 2025 net loss of COP$209.8 billion (US$51.7 million) — 224% worse than the COP$64.7 billion (US$15.9 million) net loss in 2Q 2024. Revenue from ordinary activities in 2Q 2025 totaled COP$492.6 billion (US$121.6 million), down 15% year-on-year, “equivalent to a

Business Companies

Aris Mining Posts 2Q 2025 Net Loss

Medellin Herald August 8, 2025

Vancouver, Canada-based Aris Mining – operator of the giant Segovia gold mine here in Antioquia – on August 7 posted a second quarter (2Q) 2025 net loss of US$16.9 million, down from a US$5.7 million net profit in 2Q 2024. Despite the profits decline, Aris recorded record quarterly revenue of US$200.2 million, up 30% from […]