Grupo Energ?a Bogot? S.A. E.S.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 08:43 pm EST
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Grupo Energ?a Bogot? S.A. E.S.P. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was COP 1,420,346 million compared to COP 1,267,626 million a year ago. Revenue was COP 1,420,346 million compared to COP 1,267,626 million a year ago. Net income was COP 710,381 million compared to COP 478,973 million a year ago.
For the nine months, sales was COP 3,984,166 million compared to COP 3,745,304 million a year ago. Revenue was COP 3,984,166 million compared to COP 3,745,304 million a year ago. Net income was COP 1,867,641 million compared to COP 1,694,345 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. 
