Cementos Pacasmayo Reports Growth and Efficiency
Company Announcements

Cementos Pacasmayo Reports Growth and Efficiency

Cementos Pacasmayo SAA (CPAC) has released an update.

Cementos Pacasmayo S.A.A. reported a revenue increase and enhanced operational efficiency in Q2 2024, with a 6.1% rise in EBITDA, despite a 5.8% drop in sales volume for cement, concrete, and precast. The company attributes its improved financial performance to a robust sales mix and the successful utilization of a new kiln. However, net income fell by 15.4%, influenced by a one-time exchange rate gain the previous year.

For further insights into CPAC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskCementos Pacasmayo Reports Stable Financials
TipRanks Auto-Generated NewsdeskCementos Pacasmayo Posts Solid Quarterly Financials
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!