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An announcement from Cementos Pacasmayo SAA ( (CPAC) ) is now available.
Cementos Pacasmayo S.A.A. released its audited consolidated financial statements for the years ending December 31, 2024, and 2023, affirming their compliance with International Financial Reporting Standards (IFRS). The audit report highlighted a favorable outcome regarding uncertain tax positions related to mining royalties paid in 2008 and 2009, as the company anticipates recovering these amounts following a favorable Constitutional Court ruling. This development is expected to positively impact the company’s financial standing, reducing potential liabilities and enhancing stakeholder confidence.
More about Cementos Pacasmayo SAA
Cementos Pacasmayo S.A.A. is a company based in the Republic of Peru, primarily engaged in the production and distribution of cement and related materials. The company operates within the construction materials industry and focuses on both domestic and international markets.
YTD Price Performance: 3.40%
Average Trading Volume: 10,539
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $532.8M
For a thorough assessment of CPAC stock, go to TipRanks’ Stock Analysis page.
