Cementos Pacasmayo reports H1 profits dip

Cementos Pacasmayo reports H1 profits dip
Published: 28 July 2005

Peruvian cement company Cementos Pacasmayo posted a 30.1m-sol (US$9.24m) net profit for the first half of 2005, down slightly on the 31.1mn-sol figure from the same period last year, according to information sent to Peru’s securities regulator Conasev.  In the period, Peru’s third largest cement producer had sales revenue that grew slightly to 145m soles from 144m soles in 1H04.  In 2004, Pacasmayo posted a 73.5m-sol net profit in 2004, up 26.3 per cent from the previous year.  Controller Inversiones Pacasmayo has a 60 per cent stake in the company.