Bolsa De Valores De Colombia S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 05:01 pm
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Bolsa de Valores de Colombia S.A. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was COP 89,517.346 million compared to COP 72,074.169 million a year ago. Operating income was COP 23,632.721 million compared to COP 20,978.585 million a year ago. Net income was COP 13,954.151 million compared to COP 13,660.426 million a year ago. For the nine months, total revenue was COP 253,199.357 million compared to COP 201,823.589 million a year ago. Operating income was COP 69,197.574 million compared to COP 55,759.451 million a year ago. Net income was COP 59,261.726 million compared to COP 34,102.738 million a year ago.
Bolsa de Valores de Colombia SA (BVC) is a Colombia-based company that manages and operates all securities markets and financial systems for public trading in Colombia. As of December 31, 2010, the Company owned such subsidiaries as Integrados FX SA (SET FX), which provides transactional, listing and spot market information systems and foreign exchange forwards; Derivex SA, which manages a standardized derivates market which its underlying assets are power, fuel and other energetic commodities; and Invesbolsa SAS, involved in the investment in high-potential growth companies. In addition, the Company held minor interests in Camara de Riesgo Central de Contraparte SA, Deceval SA and Camara de Compensacion de Divisas SA. Furthermore, It controls Sophos Banking Solutions.