⁍ Ecopetrol reported third-quarter net profit of 855 billion pesos ($224.2 million)
Earnings before interest, taxes, depreciation and amortization declined 37% to 5.25 trillion pesos.
– Colombia’s state-owned oil company, Ecopetrol, reported a third-quarter net profit of $242 million, down from $3 billion a year earlier, Reuters reports. The company, majority state-owned, also reported a 37% drop in earnings before interest, taxes, depreciation and amortization to $5.25 trillion pesos.
Source: https://www.reuters.com/article/ecopetrol-results/colombias-ecopetrol-q3-net-profit-drops-72-to-2242-mln-idUSL1N2HI3B6