Interconexión Eléctrica S.A. E.S.P. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 31, 2023 at 04:00 pm EDT
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Interconexión Eléctrica S.A. E.S.P. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was COP 3,547,000 million compared to COP 3,256,000 million a year ago. Revenue was COP 3,547,000 million compared to COP 3,256,000 million a year ago. Net income was COP 694,000 million compared to COP 671,000 million a year ago.
For the six months, sales was COP 7,458,000 million compared to COP 6,022,000 million a year ago. Revenue was COP 7,458,000 million compared to COP 6,022,000 million a year ago. Net income was COP 1,522,000 million compared to COP 1,102,000 million a year ago.
Interconnection Electric SA ESP (ISA) is a Colombia-based company engaged in the transmission of electric power. The Companyâs business is structured into five divisions: Electric Energy Transport, operating a network of high-voltage transmission circuits in Colombia, Peru, Bolivia and Brazil; Smart Management of Real Time Systems, which manages the facilities of the National Interconnected System (SIN), Commercial Settlement System (SIC), Wholesale Energy Market (MEN) and International Electricity Transactions (TIE); Construction of Infrastructure Projects, which include the development of high-voltage and fiber-optic transmission networks; Telecommunications Transport, which is involved in the leasing of the Companyâs transmission networks to other operators, and Road Concessions, which focuses on the construction, management and exploitation of highways, toll roads and other related infrastructure. On September 30, 2013, the Company established a subsidiary, Intercolombia SA ESP.
INTERCONEXIÓN ELÉCTRICA S.A. E.S.P. 
