Unión Andina De Cementos S.A.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 28, 2021
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Unión Andina de Cementos S.A.A. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was PEN 1,202.696 million compared to PEN 1,035.071 million a year ago. Operating income was PEN 202.593 million compared to PEN 183.375 million a year ago. Net income was PEN 93.669 million compared to PEN 77.659 million a year ago. Basic earnings per share was PEN 0.052 compared to PEN 0.043 a year ago. For the full year, sales was PEN 3,623.784 million compared to PEN 4,099.983 million a year ago. Operating income was PEN 450.010 million compared to PEN 748.058 million a year ago. Net income was PEN 81.269 million compared to PEN 351.640 million a year ago. Basic earnings per share was PEN 0.045 compared to PEN 0.193 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. 
