Corporacion Aceros Arequipa S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PEN 1,145 million compared to PEN 1,328.26 million a year ago. Net loss was PEN 8.96 million compared to net income of PEN 44.59 million a year ago. Basic loss per share from continuing operations was PEN 0.008 compared to basic earnings per share from continuing operations of PEN 0.041 a year ago.
For the nine months, sales was PEN 3,555.27 million compared to PEN 4,014.03 million a year ago. Net income was PEN 43.89 million compared to PEN 231.18 million a year ago. Basic earnings per share from continuing operations was PEN 0.041 compared to PEN 0.214 a year ago.