Cementos Pacasmayo S.A.A., a leading Peruvian cement company, has reported a 13 percent increase in its net income to $17.1 million for the first quarter of 2013 (ended March 31) from $15.1 million in the same period in 2012. The company’s cement sales volume increased 6.5 percent from the prior-year quarter.
“The ‘self‐construction’ segment continued to drive sales as a result of economic growth registered in the northern region of Peru,” the company said. “Additionally, favorable financing conditions and the creation of quality jobs drove growth in private consumption leading to increased cement sales volume.”
