Business Companies

Cibest (Bancolombia) 2Q 2025 Net Income Jumps 24% Year-on-Year

Medellin Herald August 8, 2025

Medellin-based multinational banking giant Grupo Cibest (formerly Bancolombia) announced August 6 that its second quarter (2Q) 2025 net income rose 24.4% year-on-year, to COP$1.8 trillion (US$444 million). On the other hand, 2Q 2025 revenues declined by 3.6% year-on-year, to COP$8.62 trillion

Business Companies

ISA 2Q 2025 Net Income Drops 36% Year-on-Year

Medellin Herald August 6, 2025

Medellin-based international electric-power transmitter, highways concessionaire and telecom-internet operator Grupo ISA announced August 5 that its second quarter (2Q) net income fell 36% year-on-year, to COP$455 billion (US$112 million). Operating revenues in 2Q 2025 dipped 3% year-on-year, to COP$3.3 trillion (US$815 million), while earnings before interest, taxes,

Business Companies

EPM First-Half 2025 Net Income Falls 13.8% Year-on-Year

Medellin Herald August 6, 2025

Medellin-based multinational electric power and public-utilities giant Grupo EPM announced August 5 that its first half (1H) 2025 net income fell 13.8% year-on-year, to COP$2.5 trillion (US$611 million), from COP$2.9 trillion (US$708 million) in 1H 2024. Revenues for 1H 2025 dipped 5% year-on-year, to COP$19 trillion (US$4.6 billion), while earnings before interest, taxes,

Business Companies

Grupo Nutresa 2Q 2025 Net Income Soars 189% Year-on-Year

Medellin Herald July 28, 2025

Medellin-based multinational foods giant Grupo Nutresa announced July 28 that its second quarter (2Q) 2025 net income jumped by 189% year-on-year, to COP$477 billion (US$114 million). Revenues rose 16% year-on-year, to COP$5.1 trillion (US$1.22 billion), while earnings before interest, taxes, depreciation and amortization (EBITDA) rose 32% year-on-year, to COP$748 billion

Business Companies

UNE-EPM (Tigo) Posts 1Q 2025 Big Profit Gain Year-on-Year

Medellin Herald May 20, 2025

Medellin-based telecom-internet-cable TV giant UNE-EPM (Tigo) – the Colombian subsidiary of Luxembourg-based telecom multinational Millicom – on May 19 posted a first quarter (1Q) 2025 net profit of COP$189 billion (US$45 million), a big improvement over the COP$95 billion (US$22.7 million) net loss in 1Q 2024. Revenues were up slightly year-on-year, at COP$1.368 trillion

Business Companies

Excala-Compañia de Empaques 1Q 2025 Profits Improve Year-on-Year

Medellin Herald May 18, 2025

Medellin-based international packaging specialist Grupo Excala-Compañia de Empaques announced May 14 a first quarter (1Q) consolidated profit of COP$7.9 billion (US$1.88 million ) — a sharp turnaround from the COP$2.2 billion (US$525,000) net loss in 1Q 2024. “Overall, Compañía de Empaques S.A. had a good quarter,” according to Excala. “Sales for 2025 reached $109.9

Business Companies

IMSA 1Q 2025 Profits Fall 22% Year-on-Year

Medellin Herald May 17, 2025

Medellin-based multinational diversified manufacturer-marketer Grupo IMSA announced May 15 that first quarter (1Q) 2025 net income fell 22% year-on-year, to COP$70 billion (US$16.7 million), versus COP$90 billion (US$21.5 million) in 1Q 2024. Revenues likewise fell 35% year-on-year, to COP$79.6 billion (US$19 million), versus COP$$122 billion (US$31.9 million) in 1Q 2024.

Business Companies

Conconcreto 1Q 2025 Profits Soar 636% Year-on-Year

Medellin Herald May 17, 2025

Medellin-based construction giant Conconcreto on May 15 reported a 636% year-on-year hike in first quarter (1Q) 2025 net income, hitting COP$20 billion (US$4.77 million) versus COP$571 million (US$13,600) in 1Q 2024. Conconcreto credited the huge jump in profits “primarily due to the reduction in financial costs.” While profits jumped, revenues actually declined 35%

Business Companies

Sura 1Q 2025 Net Income Dips 12% Year-on-Year

Medellin Herald May 16, 2025

Medellin-based insurance and financial asset manager Grupo Sura on May 15 posted a 12% year-on-year decline in first quarter (1Q) 2025 net income, to COP$519 billion (US$123 million). Operating revenues for 1Q 2025 rose 4.8% year-on-year, to COP$7 trillion (US$1.66 billion) while operating profit dipped 5.6%, to COP$1.2 trillion (US$285 million), according to the company.

Business Companies

Grupo Argos 1Q 2025 Profits Plunge Year-on-Year When Discounting One-Time 1Q 2024 Gains

Medellin Herald May 16, 2025

Medellin-based Grupo Argos – the holding company of Cementos Argos (concrete/cement), Celsia (electric power) and Odinsa (highway-airports-utilities asset manager) – on May 15 reported a sharp year-on-year profits decline for first quarter (1Q) 2025, all because of the one-time gains reported in 1Q 2024. During 1Q 2024, Grupo Argos had recorded a profit of COP$5.3 […]