Unacem Corp S.A.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022
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Unacem Corp S.A.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PEN 1,570.49 million compared to PEN 1,355.55 million a year ago. Net income was PEN 133.79 million compared to PEN 74.54 million a year ago.
For the nine months, sales was PEN 4,374.36 million compared to PEN 3,635.64 million a year ago. Net income was PEN 384.99 million compared to PEN 338.81 million a year ago. Basic earnings per share from continuing operations was PEN 0.212 compared to PEN 0.186 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. 
