Bolsa de Valores de Colombia S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 16, 2022 at 01:26 pm EST
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Bolsa de Valores de Colombia S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was COP 57,039.32 million compared to COP 51,412.18 million a year ago. Revenue was COP 65,133.33 million compared to COP 53,531.24 million a year ago. Net income was COP 10,083.33 million compared to COP 11,587.39 million a year ago.
For the nine months, sales was COP 175,553.85 million compared to COP 147,361.22 million a year ago. Revenue was COP 190,435.5 million compared to COP 154,559.72 million a year ago. Net income was COP 33,161.71 million compared to COP 29,177.64 million a year ago.
Bolsa de Valores de Colombia SA (BVC) is a Colombia-based company that manages and operates all securities markets and financial systems for public trading in Colombia. As of December 31, 2010, the Company owned such subsidiaries as Integrados FX SA (SET FX), which provides transactional, listing and spot market information systems and foreign exchange forwards; Derivex SA, which manages a standardized derivates market which its underlying assets are power, fuel and other energetic commodities; and Invesbolsa SAS, involved in the investment in high-potential growth companies. In addition, the Company held minor interests in Camara de Riesgo Central de Contraparte SA, Deceval SA and Camara de Compensacion de Divisas SA. Furthermore, It controls Sophos Banking Solutions.