Colombia’s rapid rate of oil production led to an extremely lucrative 2012, but the country’s oil reserves can reportedly only sustain this pace for eight more years. In 2012, the state-owned oil giant, Ecopetrol,...
Colombian textile, fabric and clothing company Fabricato reported COP2.606 billion ($1.46 million) in profits for the first three months of 2011, Portafolio reported Monday. The financial report, handed to the Financial...
Colombian airline Easyfly is in the black, posting profits of $388,000 in 2010 after just three years of operation, magazine Dinero reported Wednesday. President of the Colombian airline Alfonso Avila presented the results on...
Cementos Argos S.A., Colombia’s largest cement company, posted a consolidated net profit of COP288.8 billion ($156 million) in 2010, a 37.7% increase in peso terms from a year earlier. The company attributed the increase...
