Pacasmayo revenue rises 12.8% in first quarter

Print this page

Peru: Cementos Pacasmayo has seen its sales volumes of cement, concrete and blocks rise by 7.8% year-on-year in the first quarter of 2018, primarily due to increased sales volume of cement to the public sector and the self-construction segment. Its revenues increased by 12.8%, also due to higher cement sales, as well as an average cement price increase.

Cementos Pacasmayo’s net income was US$9.22m, a 37.3% increase, mainly due to higher sales and operating profit. Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) were US$29.2m.

URL: https://www.globalcement.com/news/item/7411-pacasmayo-revenue-rises-12-8-in-first-quarter

© 2019 Pro Global Media Ltd. All rights reserved.