With profits of the order of 98 billion pesos, an amount that exceeds the results obtained in 2021 by 115.1 percent, the 1,000 largest companies operating in Colombia confirmed that their firm recovery is advancing, after the dark period (2020) that presented the coronavirus pandemic. And although last year 120 of those companies that report to the Superintendency of Companies ended up with red numbers in their balances, that number was reduced compared to the result of 2020, when 208 showed losses.
(Also read: The 1,000 largest companies in the country doubled their profits in 2021)
The list of those that sell the most is headed by Ecopetrol, followed by the Terpel Organization and the Cartagena Refinery, according to the balance delivered yesterday by the Supersociedades.
The Colombian oil company also leads the ranking of the highest earners, accompanied by Cenit and Grupo Aval, which ranked second and third, respectively.
Trafigura Marketing, Carbones del Cerrejón and Gaseosas Lux, occupied the first three boxes on the list of companies operating in the country that last year reported the highest growth in sales, between 351 and 188 percent per year.
At the other extreme, that is, among the firms that saw their revenues fall the most last year is Justo & Bueno, the chain of large discount stores that is currently awaiting a new rescue plan, after the failure to pay administrative obligations this year and after Supersociedades itself admitted it in an administrative restructuring process.
With a profit of around 16.7 trillion pesos, Ecopetrol leads by far the list of companies with the highest profits last year. This amount represents 17 percent of the total obtained by the 1,000 companies operating in the country in 2021.
The airline Avianca ranks first among the companies that lost the most last year. It is followed by Sierracol Energy Andina, as indicated by the Supersociedades.
For its part, among those that increased profits the most was the Colombian oil company, this time followed by the Bavaria brewery and the financial conglomerate Grupo Aval.
The balance of the Supersociedades shows, among other aspects, excellent companies managed to get out of negative territory last year to show profits. In that ranking, Frontera Energy ranks first, which reported a difference of close to 4.8 trillion pesos between what it lost in 2020 and what it earned in 2021. Behind it are Carbones del Cerrejón and Drummond.
Lastly, Ecopetrol continues to be the largest company in Colombia with assets close to 172 billion pesos, more than three times more than those of the second firm, Empresas Públicas de Medellín (EPM). The oil company’s assets also represent about 19 percent of the 1,000 largest companies in the country.
time
