Organización Terpel S.A. Reports Consolidated Earnings and Operating Results for the Fourth Quarter and Full Year 2019
For quarter, the company reported revenues totaled COP 6.0 trillion, showing a 13.3% growth YoY. The net profit for Q4-19 was COP 61.1 billion, as compared to the COP 19.9 billion of Q4-18.
During Q4-19, 755.4 million gallons were sold, for a 4.1% growth rate with regard to Q4-18.
By the end of December, the accumulated volume grew 6.7% with regard to the previous year, closing 2019 with 2.917 billion gallons.