Interconexion Electrica S A : With a Net Income Increase of 22,2%, ISA closed 2016 Second Quarter
September 15, 2016 at 11:03 am EDT
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Consolidated operating revenues were COP 1.621.812 million.
EBITDA reached COP 796.582 million, with a 49,1% EBITDA margin.
Net income was COP 197.901 million, with a 12,2% net margin.
During the second quarter 2016, net income increased by 22,2% compared to the same period of 2016. This result consolidates the highest operational revenues in the Toll Road Concessions in Chile, higher revenues in Brazil due to the tariff adjustment for the July 2015 - June 2016 cycle, added to the new projects entering into operation in Colombia and Peru, and higher revenues from devaluation in Colombia.
ISA's accumulated net income at June 2016 reached COP 390.315 million, an increase of COP 81.930 million in the net result, a 26,6% higher, when compared with the same period last year. This increase was mainly the result of higher revenues in Energy Transmission, Toll Road Concessions and Telecommunications, against a lower increase in financial and operating expenses
More information:
Second Quarter 2016, Financial Results (.pdf)
ISA - Interconnection Electric SA ESP published this content on 16 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 September 2016 15:03:03 UTC.
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Interconnection Electric SA ESP (ISA) is a Colombia-based company engaged in the transmission of electric power. The Companyâs business is structured into five divisions: Electric Energy Transport, operating a network of high-voltage transmission circuits in Colombia, Peru, Bolivia and Brazil; Smart Management of Real Time Systems, which manages the facilities of the National Interconnected System (SIN), Commercial Settlement System (SIC), Wholesale Energy Market (MEN) and International Electricity Transactions (TIE); Construction of Infrastructure Projects, which include the development of high-voltage and fiber-optic transmission networks; Telecommunications Transport, which is involved in the leasing of the Companyâs transmission networks to other operators, and Road Concessions, which focuses on the construction, management and exploitation of highways, toll roads and other related infrastructure. On September 30, 2013, the Company established a subsidiary, Intercolombia SA ESP.
INTERCONEXIÓN ELÉCTRICA S.A. E.S.P. 
