Empresa de Energia del Pacifico S.A. reported earnings results for the full year of 2013. For the period, the company reported the net profit went up 0.8% to COP 279.518 billion (USD 136.2 million/EUR 99.3 million) last year amid improved operating results, largely offset by lower financial revenues and higher taxes. Operating revenue rose 4.4% to COP 1.229 trillion, driven by higher prices on the spot market and increased retail sales.

Earnings before interest, tax, depreciation and amortisation (EBITDA) grew 16.2% to COP 568.854 billion, which also reflects reduced electricity purchases by the company.