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Colombia's Grupo Argos posts 75% profit jump in third quarter
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Colombia's Grupo Argos posts 75% profit jump in third quarter
Nov 14, 2024 9:34 PM

Nov 14 (Reuters) - Colombia's Grupo Argos on

Thursday posted a 75% leap year-over-year in its third-quarter

net profit, coming in at 332 billion Colombian pesos ($74.1

million) from revenues that rose 8% to 3.31 trillion pesos.

Argos, which controls units in the energy, cement and

airport operation sectors, attributed the results to positive

performance from all of its businesses in the period,

particularly with Cementos Argos improving its profitability in

Latin America.

($1 = 4,478.21 Colombian pesos)

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