Riopaila Agrícola S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was COP 10,207.82 million compared to COP 9,043.13 million a year ago. Net loss was COP 251.13 million compared to net income of COP 528.04 million a year ago. Basic loss per share from continuing operations was COP 7.44 compared to basic earnings per share from continuing operations of COP 15.65 a year ago.
For the six months, sales was COP 27,658.11 million compared to COP 23,146.79 million a year ago. Net income was COP 1,290.65 million compared to COP 320.31 million a year ago. Basic earnings per share from continuing operations was COP 38.25 compared to COP 9.49 a year ago.