Organización Terpel S.A. reported consolidated earnings and operating results for the fourth quarter and year 2019. For the quarter, the company reported income of COP 22,451 billion against COP 19,066 billion a year ago. Net profit was COP 238 billion against COP 134 billion a year ago.

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.