Grupo Energía Bogotá S.A. E.S.P. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 15, 2022 at 12:05 am EDT
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Grupo Energía Bogotá S.A. E.S.P. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was COP 1,551,808 million compared to COP 1,233,740 million a year ago. Revenue was COP 1,551,808 million compared to COP 1,233,740 million a year ago. Net income was COP 671,062 million compared to COP 502,136 million a year ago.
Grupo Energia Bogota SA ESP (GEB), formerly Empresa de Energia de Bogota SA ESP, is a Colombia-based company engaged in the natural gas utilities industry. The Company's activities are divided into four segments: Natural Gas Distribution, responsible for the distribution of natural gas through mains to individual and commercial customers; Natural Gas Transmission, offering transportation of natural gas to cities; Electricity Distribution, distributing electric power to individual and commercial customers, and Electricity Transmission, operating power transmission systems. In addition, the Company offers engineering and leasing services, as well as additional services related to electricity and natural gas. It operates in Colombia, Peru and Guatemala, among others. It owns a number of subsidiaries, such as Transportadora de Energia de Centroamerica SA (TRECSA) and Contugas SAC, among others. The Company is controlled by Capital District of Bogota, a local government.
GRUPO ENERGÍA BOGOTÁ S.A. E.S.P. 
