31 de octubre de 2014 / 13:42 / hace 3 años

Ecopetrol 3rd-qtr profit plunges 41 pct, oil output lower

BOGOTA, Oct 31 (Reuters) - Colombia's state-owned oil company, Ecopetrol, reported a 41 percent drop in third-quarter profit on Friday, due in part to lower crude output and selling prices.

Consolidated net profit, including earnings from subsidiaries, totaled 2.28 trillion pesos ($1.11 billion) for the quarter, compared with 3.86 trillion pesos in the same period a year earlier.

Earnings before interest, taxes, depreciation and amortization, EBITDA or cash flow, fell 32 percent to 5.47 trillion pesos.

$1 = 2061.0000 Colombian pesos Reporting by Peter Murphy; Editing by Steve Orlofsky

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