BUSINESSTHE RIO TIMES
Cementos Pacasmayo Profit Jumps 58% on Peru Rebound
Cementos Pacasmayo, Northern Peru’s leading cement maker, reported a 58.4% surge in first-half net profit driven by increased autoconstruction demand and improved pricing. The rebound in the building sector fueled the company's financial growth.
Related Signal
Adjacent reporting
- Peru’s Credicorp Hits $607M Record Profit on Loan Rebound
- Grupo México Profit Jumps 79% as Copper Prices Rally
- Peru’s Central Bank Turns More Upbeat, Lifting Its Growth Forecast
- Peru Economy Grows 3% in Q2, Mining and Construction Lead
- Peru Exports Jump 36% as Copper and Gold Power Record Run
- Peru Exports Jumped 40% in May, Led by Mining and Asian Demand