Valores Simesa 2Q 2025 Net Income Jumps 314% Year-on-Year
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 (US$4.69 million) 2Q 2024 revenues, but revenues from equity investments and “implicit interest on lot sales” in 2Q 2025 skyrocketed by 285%, according to the company.
“Compared to the same quarter of the previous year [2Q 2024], the only significant change in the company’s comprehensive income was higher financial income from both the returns on the equity investment portfolio and the implicit interest on forward sales of newly traded lots,” according to Valores Simesa.
“While accumulated financial income at the end of June 2024 was COP$3.57 billion [US$881,000], for the same period in 2025, this item reached COP$13.5 billion [US$3.33 million],” according to the company.
“Accumulated comprehensive income [for the first six months of 2025] amounted to COP$12.7 billion [US$3.13 million], compared to COP$869 million [US$214,000] reported at the same quarterly end of the previous year.”
Valores Simesa S.A. was formed in a spin-off from the former Siderúrgica de Medellín foundry in 2000. “Its main and permanent corporate purpose is investment in real estate, securities and shares, land developments, and commercial and industrial activities,” according to the company.
“Today, Valores Simesa S.A.’s income is derived primarily from the returns generated by its investment portfolios and the sale of investment properties,” the company added.
