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Colombia's Ecopetrol Q3 net profit drops 72% to $224.2 mln

Credit: REUTERS/LUISA GONZALEZ

Colombian majority state-owned oil company Ecopetrol, reported third-quarter net profit of 855 billion pesos ($224.2 million) on Tuesday, compared with 3.01 trillion pesos in the year-earlier period.

BOGOTA, Oct 27 (Reuters) - Colombian majority state-owned oil company Ecopetrol ECO.CN, reported third-quarter net profit of 855 billion pesos ($224.2 million) on Tuesday, compared with 3.01 trillion pesos in the year-earlier period.

Earnings before interest, taxes, depreciation and amortization declined 37% to 5.25 trillion pesos.

($1 = 3,812.82 Colombian pesos)

(Reporting by Oliver Griffin Editing by Chris Reese)

((Oliver.Griffin@thomsonreuters.com; +57 304-583-8931;))

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