Valorem > Gases del Caribe

Gases del Caribe

Valorem > Gases del Caribe

Gases del Caribe distributes and markets natural gas as a clean source of energy, improving the quality of life of the community through its excellent service.

Gases del Caribe was created in 1967 and, currently, has 369 direct employees and generates more than 1,800 formal indirect jobs. It is a distributor and marketer of natural gas for residential, commercial and industrial consumption. Its main site is in Barranquilla and has coverage in the departments of Atlántico, Magdalena, Cesar and Bolívar (north), reaching more than one million users.

The company has implemented the use of natural gas as vehicle gas with more than 20,000 users in the cities and municipalities where it operates, including massive and heavy load transportation media.

On the other hand, its program Shines provides financing alternatives to users of strata 1, 2 and 3 for the purchase of products and services, which allow them to improve their quality of life in education, household appliances, construction materials and insurance.

Gases del Caribe financial information

Figures expressed in billions of Colombian pesos (COP).
Valorem managerial calculations.

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It should be noted that only the EBITDA indicator was homologated, so that other items such as net profit and assets are not strictly comparable due to the application in 2019 of the IFRS 16 standard.

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