Colombian power and infrastructure company ISA reported a 23% year-over-year decline in third-quarter net profit to COP 538 billion, while revenue fell 8% and EBITDA fell 11%. The company cited higher financial expenses and taxes, as well as the stronger Colombian peso’s effect on its international operations, while continuing investment and expansion.
The reported earnings decline reflects company-specific financial and currency factors, not a change in agricultural commodity supply or demand. No direct feed-market price implication is evident.
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