Ferreycorp announced consolidated earnings results for the fourth quarter and full year 2019. The corporation consolidated sales for the full year 2019, amounted to PEN 5.9 billion and rose by 12.5% compared to 2018, led by the diversification of the corporation's portfolio through a supply of new and used capital goods, rental of equipment, spare parts and services and by its consistent leadership in the market in the main product lines. That net income was PEN 245 million, 9% on top of 2018 net income. Consolidated sales for the fourth quarter went up 8% compared to those of fourth quarter 2018 and amounted to PEN 1.5 billion, as a result of allied equipment that boosted sales by 55%, led by Trex and Motored, also Caterpillar machines for sectors other than mining that recorded PEN 239 million sales compared to PEN 194 million sales quarterly PEN 194 million sales but was a quarterly average sales recorded in last year, and also due to strong performance of it's spare parts and services, rental and used business line. In turn, operating profit reached PEN 72 million and dropped 53%, led by SG&A expenses that amounted to PEN 256 million, and rose 9% beyond the sales increase, impacted by expenses related to prepare activities in port and mining project for 2020, also extraordinary bonus paid to the employees of main subsidiary Ferreyros and some commercial concept concessions and adjustments in work orders in the service shop. Net income during the fourth quarter reached to PEN 40 million and fell 27% compared to net income of PEN 54 million in the same quarter 2018.