Cementos Pacasmayo S.A.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022
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Cementos Pacasmayo S.A.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was PEN 525.41 million compared to PEN 464.81 million a year ago. Net income was PEN 45.73 million compared to PEN 31.8 million a year ago. Basic earnings per share from continuing operations was PEN 0.11 compared to PEN 0.07 a year ago. Diluted earnings per share from continuing operations was PEN 0.11 compared to PEN 0.07 a year ago.
Pacasmayo Cement Corp, formerly Cementos Pacasmayo SAA, is a Peru-based company principally engaged in the elaboration and manufacture of cements, lime, aggregates, cement blocks and bricks, pre-mixed concrete and sale of construction materials. The Company is active in the development of traditional and blended cement, ready-mix concrete, mortars, quicklime, concrete blocks, diatomite bricks and aggregates, among others. It manages all kind of mining activities exploration, prospecting, development, exploitation, commercialization, general work, beneficiation and transportation. Additionally, the Company provides various services and construction solutions, such as concrete pumping, metal shuttering systems, pavement service and delivery of construction materials. The Company owns a number of subsidiaries around American Latin and other localizations.