Uni?n Andina de Cementos S.A.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 29, 2021
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Uni?n Andina de Cementos S.A.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was PEN 1,355.55 million compared to PEN 1,000.28 million a year ago. Net income was PEN 74.54 million compared to PEN 54.39 million a year ago.
For the nine months, sales was PEN 3,635.64 million compared to PEN 2,421.09 million a year ago. Net income was PEN 338.81 million compared to net loss of PEN 12.4 million a year ago. Basic earnings per share from continuing operations was PEN 0.186 compared to basic loss per share from continuing operations of PEN 0.007 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. 
