Alicorp S.A.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021
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Alicorp S.A.A. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was PEN 2,652.933 million compared to PEN 2,448.104 million a year ago. Operating income was PEN 258.017 million compared to PEN 127.837 million a year ago. Net income was PEN 134.242 million compared to PEN 8.324 million a year ago. Basic earnings per share was PEN 0.157 compared to PEN 0.01 a year ago.
Alicorp SAA is a Peru-based company engaged in the food processing industry. The Company operates through four business segments: Massive Consumption, Industrial Products, and Nutrition for Animals, and Others Services. The Companyâs activities include the production, packaging and distribution of a variety of oils, pastas, flour, cookies, sauces, instant soft drink powders, pet food and Omega-3 fatty acid, among others. It is also involved in the manufacture and sale of cosmetics, personal care and cleaning products. The Companyâs products are marketed nationwide, as well as exported to Chile, Bolivia, Colombia, Ecuador, Venezuela, Haiti, Guatemala, Costa Rica, the United States, the Dominican Republic, Nicaragua, Canada, Panama, Mauritius, Curacao, China, the Bahamas, Norway, Japan and Honduras.