• TRM (USD/COP)COP 3,297.07 +0.83% +COP 27.19Colombia's official exchange rate (Financial Superintendence), valid Nov 11 to Nov 12
  • EuroCOP 3,668.67 +0.05% +COP 1.82Reference: TRM crossed with the European Central Bank rate of Nov 11; not the market quote
  • Mexican pesoCOP 176.70 +0.26% +COP 0.46Reference: TRM crossed with the European Central Bank rate of Nov 11; not the market quote
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Cementos Argos adjusted net profit fell 29.2% in the third quarter on energy and peso revaluation

FinanceColombiaPortafolio15 s readAI summary
Image: Portafolio

Cementos Argos' adjusted net profit fell 29.2% in the third quarter, hit by energy costs and the revaluation of the peso. The company cut expenses by 5.1% and recorded currency hedges worth more than COP 39 billion, moves that cushioned the blow to its margin.

Read the full story at Portafolio

IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

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