Colombia's Grupo SURA posts nearly 500% surge in first quarter profits-February 2024-www.financetom.com

Colombia's Grupo SURA posts nearly 500% surge in first quarter profits

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Colombia's Grupo SURA posts nearly 500% surge in first quarter profits

May 15, 2024 4:30 PM

May 15 (Reuters) - Grupo SURA, one of

Colombia's largest investment companies, reported on Wednesday a

4.9 trillion peso ($1.3 billion) first quarter net profit, up by

489% compared to profits in the year-ago period.

Quarterly revenues, it added, climbed 52% to reach 13.6

trillion pesos.

($1 = 3,820.1000 Colombian pesos)

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