Colombia’s Cementos Argos 1H profit up

Colombia’s Cementos Argos 1H profit up
31 July 2009


Cementos Argos SA, Colombia’s biggest cement maker, reported profit rose 128 per cent in the first six months of the year.
 
Net income rose to COP297bn (US$143.1m) in the first half from COP130bn a year earlier, according to a statement posted late yesterday on the financial regulator’s Web site.
 
Profit fell to COP38bn in the second quarter of 2009 from COP49bn in the year-earlier period, according to Bloomberg calculations.
 
Published under Cement News