Interconexión Eléctrica S.A. E.S.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 11, 2023 at 11:38 am EST
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Interconexión Eléctrica S.A. E.S.P. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was COP 3,136,008.62 million compared to COP 3,519,502.72 million a year ago. Revenue was COP 3,156,317.47 million compared to COP 3,556,792.32 million a year ago. Net income was COP 512,357.68 million compared to COP 668,024.52 million a year ago. Basic earnings per share from continuing operations was COP 462.55 compared to COP 603.09 a year ago.
For the nine months, sales was COP 10,518,646.64 million compared to COP 9,493,395.32 million a year ago. Revenue was COP 10,614,773.73 million compared to COP 9,577,534.44 million a year ago. Net income was COP 2,034,446 million compared to COP 1,769,821.94 million a year ago. Basic earnings per share from continuing operations was COP 1,836.68 compared to COP 1,597.78 a year ago.
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. 
