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Stock impact report

Cementos Pacasmayo S.A.A. Announces Consolidated Results for Fourth Quarter 2019

Cementos Pacasmayo S.A.A. American Depositary Shares (Each representing five Common Shares) (CPAC) 
US:NYSE Investor Relations: investors.cementospacasmayo.com.pe
Company Research Source: Business Wire
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 fourth quarter (“4Q19”) and the full year (“2019”) ended December 31, 2019. These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and are stated in nominal Peruvian Soles (S/).4Q19 Financial and Operational Highlights: (All comparisons are to 4Q18, unless otherwise stated)Sales volume of cement, concrete and precast increased 7.7% mainly due to higher sales to the public sector, for Coastal El Niño reconstruction spending, some medium-sized private projects, as well as the self-construction segment.Revenues increased 9.8% primarily due to the increase in sales volume described above.Net Income of S/ 29.5 million. During 4Q18, there were two non-cash effects that had an impact on net i Show less Read more
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