Cementos Argos - May 2016
Cementos Argos has reported a 31 per cent YoY increase in net profit in 1Q16 to COP122bn (US$41.7m). According to the company, this is due to expansion and consolidation of its existing business, more flexible operations and “the constant search for operational excellence.” EBITDA over the period advanced by 38 per cent to COP425bn, while consolidated revenue improved by 34 per cent to reach COP2.2bn.
