The results for the first quarter of 2024 show progress on the goals of the ISA2030 Strategy. In 1Q23, return on average equity remained stable at 14% at the end of the quarter, and net income.
RECENT DEVELOPMENTS The following discussion of Ecopetrol S.A. s (which we refer to as "Ecopetrol," the "Company" or "we") results of operations for the three-month periods ended March 31, 2023 and 2022.