Peru: Cementos Pacasmayo had reported a 13% rise in its net income to US$17.1m for the first quarter of 2013 from US$15.1m in the same period in 2012. The Peruvian cement producer's sales rose by 5% to US$110m from US$105m. The company said its cement sales volume rose by 6.5% to 569,300t from 534,500t.
"The 'self-construction' segment continued to drive sales as a result of economic growth registered in the northern region of Peru," the company said. It also cited favourable financing conditions and the creation of quality jobs for driving growth in private consumption as reasons for increased cement sales volumes.
