Enka reports $406.475 million revenues in 2025 driven by exports

The Colombian company Enka recorded operational revenues of $406.475 million in 2025, with 58% from the local market and the rest from exports. Despite challenges such as low prices for Chinese raw materials and local inflationary pressures, it achieved an EBITDA of $28.705 million and a net profit of $3.102 million.

Enka, a Colombian textile company, released its 2025 financial results, showing total operational revenues of $406.475 million. Of this amount, $237.046 million came from the local market, while $169.429 million arose from exports, equivalent to US$42 million.

Adjusting for the closure of the Filaments line, revenues fell $16.769 million compared to 2024, mainly due to lower sales in Industrial Businesses. EBITDA reached $28.705 million, with a 7.1% margin, though it marked a $7.627 million decline from the previous year. Net profit was $3.102 million, down $7.079 million versus 2024, linked to reduced sales in a challenging environment.

Internationally, exports grew 3% in revenues and 24% in volume compared to 2024, excluding the Filaments closure effect. Notably, EKO PET exports rose 109%, primarily to the United States, helping offset weaker local demand.

By segments, Green Businesses generated $266.222 million, with a slight 1.7% drop from 2024, hit by lower EKO Fibras sales to Brazil amid geotextile market contraction. Conversely, EKO Polyolefins increased 4% in revenues. Industrial Businesses reported $133.316 million, a 13% adjusted decline due to the Filaments closure, affected by reduced demand for Tire Canvas.

The company redirected production toward items like Technical Yarn, Rope, and Nylon Granule, targeting European and American markets with high technical specifications. For 2026, Enka expects higher local sales driven by the Pusu Law, which will raise minimum recycled PET content to 55% for waters and 22% for other beverages.

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Ecopetrol reports $2.8 trillion profit in first quarter

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Colombian state oil company Ecopetrol announced profits of $2.8 trillion and revenues of $28.6 trillion for the first quarter of 2026. Earnings fell 7.7% from the same period in 2025. The Ebitda margin reached 47%.

A total of 648 companies reported their 2025 financial results to the Comisión para el Mercado Financiero (CMF) on Tuesday, March 31, totaling profits of US$32.231 million, a 28.57% year-over-year increase. Codelco posted the highest earnings at US$2.422.4 million, boosted partly by its lithium business. Overall revenues reached US$373.920 million, with cash equivalents rising to US$49.667 million.

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Edita Food Industries announced strong financial results for the fiscal year ending December 31, 2025, with revenues at EGP 20.9 billion, up 29.5% year-on-year, and net profit at EGP 2.4 billion, surging 72.6%. Strong demand and improved margins drove the performance, particularly in the fourth quarter.

The Banco de la República reported record profits of $13.9 trillion for the end of 2025, mainly driven by net income from international reserves. These earnings surpass Ecopetrol's transfers for the second consecutive year. The bank will transfer $13.8 trillion to the National Government, partly in debt securities and partly in cash.

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Puig, the Spanish beauty conglomerate, announced a 4.7% like-for-like revenue increase to €1.2 billion in the first quarter of 2026. The company outperformed the premium beauty market amid challenges in key regions. CEO Jose Manuel Albesa highlighted strong growth in makeup and skincare.

Celsia reported revenues of 1.27 trillion pesos in the first quarter of 2026, a 12.4% drop from the prior year. Net income fell 46% to 58.393 billion pesos.

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The Industrial and Engineering Enterprise Company (IEEC), listed on the Egyptian Exchange, has announced strong financial results for 2025, with revenues reaching EGP 720 million. This represents a 174% increase from the previous year.

 

 

 

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