Peru’s Cementos Lima 4Q

Peru’s Cementos Lima 4Q
Published: 26 January 2006

Rising cement sales helped lift Cementos Lima SA’s fourth-quarter net income to 32.8 million soles (US$9.8m) compared with PEN22.8 million (US$6.8m) in the same quarter in the previous year. Cementos Lima, the largest cement producer in Peru, released the financial results to the Peruvian regulatory agency, Conasev, on Wednesday.

Total revenues rose to PEN171.4 million (US$49.6m) in the fourth quarter compared with PEN141.9 million (US$41.1m) in the same period a year earlier. Full-year 2005 net income totaled PEN657.0 million (US$190.2m) compared with PEN571.5 million (US$155.4m) in the same period last year, it said.