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Reficar - Refinery Cartagena S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 2011
Oct 25 11

Reficar - Refinery Cartagena S.A. reported earnings results for the third quarter and nine months ended September 2011. For the quarter, the company reported net income of COP 27.6 billion on total sales of COP 1,931.2 billion compared to net loss of COP 41.8 billion on total sales of COP 1,314.5 billion for the corresponding period of last year. Operating profit was COP 24.4 billion versus operating loss of COP 10.8 billion of previous year period. Profit before taxes was COP 28.9 billion against loss before taxes of COP 39.8 billion for the comparable period of last year. EBITDA was COP 50.8 billion against COP 66.2 billion for the same period last year. For the nine months, the company reported net income of COP 42.0 billion on total sales of COP 5,051.2 billion compared to net loss of COP 45.8 billion on total sales of COP 3,549.0 billion for the same period a year ago. Operating profit was COP 55.1 billion loss of against COP 10.6 billion of previous year period. Profit before taxes was COP 45.4 billion against loss before taxes of COP 40.4 billion for the comparable period of last year. EBITDA was COP 137.1 billion against COP 68.5 billion for the same period last year.
Reficar - Refinery Cartagena S.A. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2011
Jul 22 11

Reficar - Refinery Cartagena S.A. reported unaudited earnings results for the second quarter and six months ended June 30, 2011. For the quarter, the company’s For the quarter, the company’s total sales were COP 2,009.0 million against COP 1,384 .3 million a year ago. Operating profit was COP 19.2 million against loss of COP 30.4 million a year ago. Profit before taxes was COP 9.6 million against loss of COP 21.5 million a year ago. Net income was COP 8.3 million against loss of COP 23.5 million a year ago. EBITDA was COP 55.63 million against COP 20.20 million a year ago. For the six months, the company’s total sales were COP 3,120.0 million against COP 2,234.5 million a year ago. Operating profit was COP 30.7 million against COP 0.2 million a year ago. Profit before taxes was COP 16.6 million against loss of COP 0.5 million a year ago. Net income was COP 14.4 million against loss of COP 4.0 million a year ago. EBITDA was COP 86.26 million against COP 2.30 million a year ago.
Reficar - Refinery Cartagena S.A. Provides Updates on Expansion Project
Jul 13 11

Reficar - Refinery Cartagena S.A. announced that its new 165,000b/d refinery are expected to start in the third quarter of 2013.

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-- Edited by admin on Wednesday 21st of March 2012 10:58:23 AM

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