Alimentos Derivados de la Caña S. A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was COP 1,155.63 million compared to COP 1,067.43 million a year ago. Net income was COP 263.5 million compared to net loss of COP 63.26 million a year ago. Basic earnings per share from continuing operations was COP 16.12 compared to basic loss per share from continuing operations of COP 3.87 a year ago.
For the six months, sales was COP 2,553.17 million compared to COP 2,387.89 million a year ago. Net loss was COP 443.21 million compared to COP 50.23 million a year ago. Basic loss per share from continuing operations was COP 27.12 compared to COP 3.07 a year ago.