Alimentos Derivados de la Caña S. A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was COP 1,392.54 million compared to COP 1,320.46 million a year ago. Net loss was COP 711.71 million compared to net income of COP 13.03 million a year ago.

Basic loss per share from continuing operations was COP 43.55 compared to basic earnings per share from continuing operations of COP 0.8 a year ago.