October 31, 2025
Home Archive by category Business (Page 35)
Companies

Mineros 2Q 2021 Profits Rise Year-on-Year

Medellin-based multinational gold mining giant Mineros SA announced August 10 that its second quarter (2Q) 2021 consolidated net profit rose to US$10.4 million, up from US$8.7 million in 2Q 2020. Revenues likewise rose, to US$128.4 million, up from US$126.3 million in 2Q 2020. But earnings before interest, taxes, depreciation and amortization (EBITDA) dipped to US$41.8
Companies

Grupo Sura 2Q 2021 Profits Jump 43% Year-on-Year

Medellin-based multinational insurance, finance and health-care giant Grupo Sura announced August 12 that its second quarter (2Q) net income jumped 43% year-on-year, to COP$461 billion (US$120 million). Revenues likewise rose 15% year-on-year, to COP$6.1 trillion (US$1.58 billion), according to the company. As for first half (1H) 2021, net income is up a whopping 174%
Real Estate

‘La Haus’ Real Estate Venture Co-Founded by President Uribe’s Sons Nabs US$135 Million Funding from Investors Including Amazon’s Jeff Bezos

Colombia- and Mexico-based real estate search-and-development enabler La Haus announced July 29 that it has raised US$135 million from big international investors including Amazon.com founder Jeff Bezos as well as from “new-age” banker Gabriel Gilinski — son of Colombian banker Jaime Gilinski, considered as Colombia’s second-richest person. La Haus – with operations
Companies

Cemex LatAm 2Q 2021 Net Income Doubles Year-on-Year

Colombia-based Cemex LatAm Holdings announced this morning (July 29) that its second quarter (2Q) 2021 net income more than doubled year-on-year, to US$23.8 million. Operating earnings before interest, taxes, depreciation and amortization (EBITDA) likewise rose 81% year-on-year, to US$53 million. Net sales – adjusted for currency fluctuations — jumped 54%, to US$228