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

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© Reuters. FILE PHOTO – The Grupo Sura logo can be seen in Medellin (Colombia), May 30, 2019. REUTERS/Luisa Gonzalez

(Reuters] – Grupo SURA was Colombia’s biggest investment firm. It posted a net profit of 406,748 billion pesos ($103 million) for the fourth quarter. This is a significant improvement on the 61.3 billion pesos that it lost in the year prior.

Grupo SURA saw its total revenue rise 23.8% to 6.59 Trillion Pesos for the quarter.

(1 dollar = $3,940.20 Colombian pesos)

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