Unacem Corp S.A.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 15, 2022
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Unacem Corp S.A.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was PEN 1,374.29 million compared to PEN 1,086.96 million a year ago. Net income was PEN 174.74 million compared to PEN 201.35 million a year ago. Basic earnings per share from continuing operations was PEN 0.096 compared to PEN 0.111 a year ago. Diluted earnings per share from continuing operations was PEN 0.096 compared to PEN 0.111 a year ago.
UNACEM Corp S.A.A. is a Peru-based company engaged in the production, distribution and sale of ready mixed concrete, and related goods and services. In addition to ready mixed concrete, the Company produces and sells aggregates for construction, blocks and paving stones, and provides concrete pumping and shotcrete services for tunnel support. The Company's products include Progre-Sol: hardware store network, Hatun-Sol: Microfinance, and Duravia: Concrete Pavement. The Company's Progre-Sol Network supplies approximately 6,500 independent hardware stores in Metropolitan Lima or outside the capital, as well as construction workers, brick layers and self-builders. Its HatunSol provides various loans in the form of construction materials and labor, and transport of materials to the building site. The Company owns a plant in Lima and a plant in Junin, whose annual production capacity is over 6.7 million tons of clinker and over 7.6 million tons of cement.
UNACEM CORP S.A.A. 
