CPAC · Cementos Pacasmayo S.A.A.

Cementos Pacasmayo delivered robust first half 2026 results, with revenue climbing 13.4% to S/1,114.5 million from S/983.3 million in the prior-year period. The top-line growth was primarily driven by higher sales volumes and favorable pricing in the cement segment, which accounts for the majority of revenue. Gross profit rose 25.5% to S/455.5 million, pushing the gross margin to 40.9% from 36.9%, reflecting better cost absorption and efficient operations. Operating profit surged 48.1% to S/276.1 million, as the company maintained tight control over administrative and selling expenses relative to revenue growth. Net income increased 58.4% to S/159.2 million, with earnings per share improving to S/0.37 from S/0.23. Cash generation was strong, with operating cash flow of S/231.6 million, more than double the prior year's S/109.9 million, enabling capital expenditures of S/39.8 million and a reduction in total debt to S/1,372.6 million from S/1,412.2 million. The balance sheet remains solid with cash of S/199.5 million and equity of S/1,351.1 million. The company did not provide forward guidance, but the operational momentum and margin expansion suggest a favorable trajectory.