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Stock impact report

Cementos Pacasmayo S.A.A. Announces Consolidated Results for Third 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 third quarter (“3Q19”) ended September 30, 2019. These results have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and are stated in nominal Peruvian Soles (S/).3Q19 Financial and Operational Highlights:(All comparisons are to 3Q18, unless otherwise stated)Sales volume of cement, concrete and precast increased 17.6% mainly due to higher sales to the public sector, for El Niño reconstruction spending, some medium-sized private projects, as well as the self-construction segment. Revenues increased 20.2% primarily due to the increase in sales volume described above. Concrete sales reached all-time records during this period, almost doubling sales from 3Q18.Net Income of S/ 40.2 million, a 20.4% incre Show less Read more
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