Riopaila Agrícola S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was COP 15,409.17 million compared to COP 10,207.82 million a year ago. Net income was COP 668.73 million compared to net loss of COP 251.13 million a year ago. Basic earnings per share from continuing operations was COP 19.82 compared to basic loss per share from continuing operations of COP 7.44 a year ago.
For the six months, sales was COP 36,584.14 million compared to COP 27,658.11 million a year ago. Net income was COP 2,022.02 million compared to COP 1,290.65 million a year ago. Basic earnings per share from continuing operations was COP 59.92 compared to COP 38.25 a year ago.