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  • Peru economic growth accelerates in 2018

    2/15/19
    Peru's economy expanded last year at the fastest rate in five years, as manufacturing, construction, crude oil, electricity, fishing, banking and telecommunications growth offset declines in the mining and natural gas industries. ...

  • Pacasmayo, Unacem boost cement sales

    2/13/19
    Peruvian cement producers Cementos Pacasmayo and Unacem posted rising cement sales in 2018. Pacasmayo posted a 75.1mn-sol (US$25mn) profit for the full year 2018 compared with an 80.6mn-sol profit a year earlier even as sales rose...

  • Aceros Arequipa Q4 earnings drop

    2/5/19
    Peruvian steel producer Aceros Arequipa saw its fourth quarter earnings drop 28.8%. Aceros posted a 42mn-sol (US$14mn) profit in the quarter compared with 59mn soles a year earlier, the Lima-based company said in a corporate filing ...

  • Peru's Pacasmayo sells US$170mn in bonds

    2/1/19
    Peruvian cement producer Cementos Pacasmayo sold 570mn soles (US$170mn) in corporate bonds, the largest corporate debt offering on the local market in over two years. Pacasmayo sold 260mn soles in 2029 bonds at an interest rate of...