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Grupo Sura Posts First-Quarter Profit of 178.2 Billion Pesos

Grupo de Inversiones Suramericana SA (GRUPOSUR), the parent company of Colombia’s largest bank, posted first- quarter profit of 178.2 billion pesos ($101 million), according to a filing to Colombia’s financial regulator. Net income more than doubled from 75.8 billion pesos in the same period a year earlier, the company said.

To contact the reporter on this story: Christine Jenkins in New York at cjenkins28@bloomberg.net

To contact the editor responsible for this story: Brendan Walsh at bwalsh8@bloomberg.net

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