Administradora de Fondos de Pensiones y Cesantías Protección S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was COP 198,924.96 million compared to COP 277,266.97 million a year ago. Net income was COP 15,302.97 million compared to COP 103,268.13 million a year ago. Basic earnings per share from continuing operations was COP 602 compared to COP 4,065 a year ago.
For the nine months, revenue was COP 546,416.03 million compared to COP 807,885.01 million a year ago. Net loss was COP 63,526.6 million compared to net income of COP 243,047.99 million a year ago. Basic loss per share from continuing operations was COP 2,500 compared to basic earnings per share from continuing operations of COP 9,566 a year ago.