Bolsa de Valores de Colombia S.A. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2017
May 04, 2017
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Bolsa de Valores de Colombia S.A. announced consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported revenues of COP 37.029 million against COP 33.101 million a year ago. Profit before taxes was COP 7.908 million against COP 9.018 million a year ago. Net profit for the period was COP 5.462 million against COP 5.659 million a year ago. Results attributable to the controlling company were COP 3.936 million against COP 4.441 million a year ago.
Bolsa de Valores de Colombia SA (BVC) is a Colombia-based company that manages and operates all securities markets and financial systems for public trading in Colombia. As of December 31, 2010, the Company owned such subsidiaries as Integrados FX SA (SET FX), which provides transactional, listing and spot market information systems and foreign exchange forwards; Derivex SA, which manages a standardized derivates market which its underlying assets are power, fuel and other energetic commodities; and Invesbolsa SAS, involved in the investment in high-potential growth companies. In addition, the Company held minor interests in Camara de Riesgo Central de Contraparte SA, Deceval SA and Camara de Compensacion de Divisas SA. Furthermore, It controls Sophos Banking Solutions.