Colombina’s net profit down by 49% in 2020

Colombina Candy Company published its income statement for 2020. Its operation revenue dropped to $533 million, 1% less than in 2019. Profits fell by 49% from $16 million (Co$ 60,315 million) to $8.6 million (Co$ 30,783 million) in the same period. In detail, chocolate sales shrunk by 13.5% and candies by 12.9%.

Source: La República