Colombia's Grupo Argos Reports 221% Net Profit Increase in 2024
In a recent announcement, Colombia's Grupo Argos reported a significant 221% increase in net profit for the year 2024. The conglomerate's net profit reached 2.53 trillion pesos, equivalent to approximately $609 million.
Argos, a diversified conglomerate with operations in energy, cement, and airport management, also experienced a substantial 148% growth in revenue last year. The company's total revenue reached 2.53 trillion pesos.
This financial success reflects the company's commitment to growth and optimization in its various business segments. The report highlights the increasing demand for infrastructure and energy solutions in the region.
($1 = 4,153.59 Colombian pesos)