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Colombia’s Grupo SURA reports net profit of 406,748 billion pesos in Q4 – Metro US

Colombia’s Grupo SURA reports net profit of 406,748 billion pesos in Q4

The Grupo Sura logo is seen at its headquarters in
The Grupo Sura logo is seen at its headquarters in Medellin

(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, amounted to 406,748 billion pesos ($103 million) in the fourth quarter, compared to a net loss of 61.3 billion pesos posted in the same period a year before, the company said in a statement on Friday.

Grupo SURA’s total revenue for the quarter rose 23.8% to 6.59 trillion pesos.

(1 dollar = $3,940.20 Colombian pesos)

(Reporting by Nelson Bocanegra, Valentine Hilaire; Writing by Julia Symmes Cobb; Editing by Chris Reese)

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