Colombian group Argos leads profit ranking

Colombian group Argos leads profit ranking
Published: 24 May 2004

In the first quarter this year, Colombian cement group Argos consolidated its position as one of the most solid organizations in the country and with the highest profit volume. Three companies of the group stood among the five highest profits in the period. One of them is Compañía Colombiana de Clinker (Colclinker), whose net profit amounted to Ps. 46.03 bn (pesos). The second one is Compañía de Cementos Argos, which profited Ps. 43.14 bn in the first quarter; and the third one is Cementos del Valle, with a Ps. 32.43 bn profit, reported La República newspaper..