UNACEM Corp S.A.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023
Share
UNACEM Corp S.A.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PEN 1,558.6 million compared to PEN 1,429.57 million a year ago. Net income was PEN 123.88 million compared to PEN 76.47 million a year ago. Basic earnings per share from continuing operations was PEN 0.069 compared to PEN 0.042 a year ago. Diluted earnings per share from continuing operations was PEN 0.069 compared to PEN 0.042 a year ago.
For the six months, sales was PEN 2,968.13 million compared to PEN 2,803.87 million a year ago. Net income was PEN 288.42 million compared to PEN 251.2 million a year ago. Basic earnings per share from continuing operations was PEN 0.16 compared to PEN 0.139 a year ago. Diluted earnings per share from continuing operations was PEN 0.16 compared to PEN 0.139 a year ago.
UNACEM Corp S.A.A. is a Peru-based company engaged in the production, distribution and sale of ready mixed concrete, and related goods and services. In addition to ready mixed concrete, the Company produces and sells aggregates for construction, blocks and paving stones, and provides concrete pumping and shotcrete services for tunnel support. The Company's products include Progre-Sol: hardware store network, Hatun-Sol: Microfinance, and Duravia: Concrete Pavement. The Company's Progre-Sol Network supplies approximately 6,500 independent hardware stores in Metropolitan Lima or outside the capital, as well as construction workers, brick layers and self-builders. Its HatunSol provides various loans in the form of construction materials and labor, and transport of materials to the building site. The Company owns a plant in Lima and a plant in Junin, whose annual production capacity is over 6.7 million tons of clinker and over 7.6 million tons of cement.
UNACEM CORP S.A.A. 
