Pacasmayo's 3Q24 earnings showed flat revenues despite declining volumes, thanks to pricing power and new clinker capacity, improving gross and EBITDA margins. Economic improvements and new infrastructure projects, including a mine project, are expected to boost future demand, replacing the Piura airport project. Despite higher SG&A costs, operating and net income increased, but the stock remai...
LIMA, Peru--(BUSINESS WIRE)--Cementos Pacasmayo S.A.A. and subsidiaries (NYSE: CPAC; BVL: CPACASC1) (“the Company” or “Pacasmayo”) a leading cement company serving the Peruvian construction industry, announced today its consolidated results for the third quarter (“3Q24”) and the nine months of the year (“9M24”). These results have been prepared in accordance with International Financial Reporti...
LIMA, Peru--(BUSINESS WIRE)--Cementos Pacasmayo S.A.A. (NYSE: CPAC; BVL: CPACASC1) (“the Company” or “Cementos Pacasmayo”) announced today that the Company's Board of Directors in its session held on October 28, 2024 approved a cash dividend of S/ 0.41 per common and investment share, which represents a total of S/190,300,410.64 related to retained earnings as of December 31, 2014, and the resu...
Cementos Pacasmayo S.A.A. is a leading cement manufacturer from Peru. The company has a quasi-monopoly in the north of the country. Cement has been on a negative trend in Peru for three years. This has affected Pacasmayo, albeit the company enjoys a large infrastructure project. Pacasmayo's margins are improving thanks to material costs and new capacity added, despite the fall in volumes.
LIMA, Peru--(BUSINESS WIRE)--Cementos Pacasmayo S.A.A. and subsidiaries (NYSE: CPAC; BVL: CPACASC1) (“the Company” or “Pacasmayo”), a leading cement company serving the Peruvian construction industry, announced today its consolidated results for the second quarter (“2Q24”) and the first six months of the year (“6M24”). These results have been prepared in accordance with International Financial ...
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