Latest news with #Lima
Globe and Mail
18 hours ago
- Business
- Globe and Mail
Cementos Pacasmayo S.A.A. Announces Consolidated Results for Second Quarter 2025
Cementos Pacasmayo S.A.A. and subsidiaries (NYSE: CPAC; BVL: CPACASC1) ('the Company' or 'Pacasmayo') a leading cement company serving the Peruvian construction industry, announced today its consolidated results for the second quarter ('2Q25') and the first six months of the year ('6M25'). These results have been prepared in accordance with International Financial Reporting Standards ('IFRS') and are stated in Soles (S/). 2Q25 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 2Q24, unless otherwise stated) Sales volume of cement, concrete and precast increased by 7.1%, mainly due to an increase in bagged cement demand as well as higher sales for infrastructure related projects. Revenues increased by 5.9%, in line with the increased sales volumes mentioned above. Consolidated EBITDA increased 9.0%, reaching S/130.2 million, mainly due to the above-mentioned revenue increase, as well as operational efficiencies. Consolidated EBITDA margin was 26.9%, a 0.8 percentage point increase. Net income was S/ 47.8 million, a 29.9% increase, mainly due to increased operating income, as well as a favorable foreign exchange difference and lower interest payments due to debt amortization. 6M25 FINANCIAL AND OPERATIONAL HIGHLIGHTS: (All comparisons are to 6M24, unless otherwise stated) Sales volume of cement, concrete and precast increased by 5.5%, mainly due to increased demand of both bagged cement and infrastructure projects. Revenues increased by 5.3%, in line with the increased sales volume. Consolidated EBITDA increased 5.0%, reaching S/264.9 million, mainly due to increased demand, as well as lower costs and operational efficiencies. Consolidated EBITDA margin was 26.9%, in line with the same period of last year. Net income increased by 16.5%, reaching S/ 100.5 million mainly due to higher operating income, as well as the favorable foreign exchange difference and the lower interest payments due to debt amortization as mentioned above. For a full version of Cementos Pacasmayo's Second Quarter 2025 Earnings Release, please visit CONFERENCE CALL INFORMATION: Cementos Pacasmayo will host a conference call on Tuesday, July 22, 2025, to discuss these results at 9:00 a.m. Lima Time/10:00 a.m. Eastern Time. To access the call, please dial: +1 (718) 866-4614 from within the U.S. Access code: 505256 There will also be a live Audio Webcast of the event at: You can also find additional dial-in numbers depending on your current location in the above link. About Cementos Pacasmayo S.A.A. Cementos Pacasmayo S.A.A. is a cement company, located in the Northern region of Peru. In February 2012, the Company's shares were listed on The New York Stock Exchange - Euronext under the ticker symbol "CPAC". With more than 67 years of operating history, the Company produces, distributes and sells cement and cement-related materials, such ready-mix concrete and precast materials. Pacasmayo's products are primarily used in construction, which has been one of the fastest-growing segments of the Peruvian economy in recent years. The Company also produces and sells quicklime for use in mining operations.
The Independent
a day ago
- The Independent
Police officer dressed as cartoon hero seizes marijuana and cocaine in drugs raid
Dressed as the iconic TV character El Chapulín Colorado (The Red Grasshopper), a Peruvian police officer helped carry out a surprise drug raid in Lima, arresting five suspects and seizing marijuana and cocaine. Wearing the red costume of the beloved slapstick antihero popular across the Spanish -speaking world, the officer used a sledgehammer to break down a door during the Thursday (17 July) operation, while fellow agents moved in undetected. Colonel Pedro Rojas of the Green Squadron said the disguise allowed the unit to approach unnoticed, using the character's familiarity to blend in — catching suspects off guard with the unusual police tactic.
Daily Mail
2 days ago
- Sport
- Daily Mail
Team USA Judo coach 'suffers permanent vision loss' after freak mishap aboard JetBlue flight
A Team USA judo coach has allegedly 'suffered permanent vision loss' in one eye after a JetBlue flight attendant splashed scalding coffee into his face mid-flight. Arturas Lanchinskas, 30, a third-degree black belt, was flying to Lima, Peru to coach the US team at the Pan American Judo Championships in July 2023 when the freak accident occurred. The martial arts instructor and owner of Darfight Martial Arts in Brooklyn, was seated aboard JetBlue Flight 1825 when a flight attendant dropped a pot of burning hot coffee she was serving. The scalding hot liquid, which was spilled accidentally, burned his face and right eye, according to the lawsuit obtained by 'As a result of the hot coffee splashing onto Plaintiff's face and into his eye, he was caused to sustain severe burns to the right side of his face and severe injuries to his right eye,' the lawsuit states. 'It felt like a surge of fire hit the surface of my eyeball,' Lanchinskas told The New York Post. 'The pain was sharp and immediate, like a burning needle.' The passenger next to him happened to be a doctor and urged him to flush his eye repeatedly with water. But instead of helping, the plaintiff alleges that the flight attendants grew irritated with him for frequenting the restroom too often. His attorney, Erin R. Applebaum, who is representing him, said in the suit that the flight attendants were complaining that other passengers needed to use the bathroom. 'He was even told, 'Sir, you're not the only one on the airplane, we have other guests who need to use the facilities,'' Applebaum claimed in the suit. Once the plane landed, Lanchinskas was rushed to a local hospital in Lima, where doctors treated the burns to his face and eye. But the damage was permanent. When he returned to New York, eye doctors diagnosed him with a thermal injury and chemical burn to his right eye. The injury left him with permanent sensitivity to light and a reduced field of vision, Applebaum said. The lawsuit states JetBlue is liable to pay 'full, fair and reasonable damages to Plaintiff, Arturas Lanchinskas, pursuant to the Montreal Convention,' which governs airline liability for injuries during international travel. In June, five shaken American Airlines passengers and flight attendants were taken to the hospital after being injured by extreme turbulence on the way to North Carolina. 'Unexpected' disturbance' hit on flight 1286, traveling from Miami to Raleigh-Durham International Airport. Sudden altitude drops sent laptops, cellphones and other personal items flying through the aircraft - forcefully striking those aboard. Passengers alleged they saw a man knocked unconscious, a flight attendant scorched by spilled boiling water from a drink cart and another who sustained a broken arm.
Daily Mail
3 days ago
- Daily Mail
Hammer of justice! Drug dealers watch in bewilderment as police dressed in superhero costumes smash down door and shut down narcotics operation
This is the moment Peruvian police officers in superhero costumes arrive at house being used to run a drug-dealing operation and smash down the entrance using a sledgehammer. The caped crusaders then force their way into the building and seize packages of cocaine and marijuana, as the suspects watch on in bewilderment. Click above to watch the video in full.
News.com.au
4 days ago
- Entertainment
- News.com.au
Widow twerks on cardboard cutout of dead husband at his funeral
In an unbelievable video, a widow twerks against a cardboard cutout of her dead husband - just next to his open casket. A reggaeton singer hired for the funeral provided the upbeat music the grieving woman danced to while funeral-goers cheered her on. Dressed in black, the widow is captured rubbing her behind on the life-size printout of her late partner in Peru. Onlookers are heard whooping and cheering her on at the funeral. And even the sad event's entertainment - a singer known as El Cangri del Callao - was egging on the widow during his performance. He even encourages fellow mourners to join in the raunchy dance at the wake. The singer later shared the unbelievable clip on his Instagram page, where it went viral with 4.3 million views and thousands of comments. One local said: 'Hi bro, I'm going to die on 23 July. 'Are you available?' Another added: 'They are very young, but in my time we cried at funerals.' 'Widow finds five new loves... at the wake', someone joked. And: 'We can see how that stupid music makes people stupid.' One other comment pointed out how a 'farewell should be joyful, not sad'. While a fellow performer said: 'I've performed funerals and wakes, but always from a very different tone to what this video shows. 'I've never had the opportunity to capture a farewell from such a luminous, vivid perspective.' Meanwhile, a mere few days ago, the haunting moment a teen gave a tearful funeral eulogy to her slain mother and stepdad that later made her the prime suspect in their murder was captured. Sarah Grace Patrick, 17, now faces two counts of murder and two counts of aggravated assault in connection with the shootings of Kristin Brock, 41, and James Brock, 45. The chilling video of Patrick's eulogy shows the teen in a pale blue dress, standing before mourners at the lectern of the Catalyst Church in Carollton, Georgia. She said: 'I just wanted to say goodbye to my mum and James since we never got the chance to.' Patrick called her mother a 'beautiful kind soul' and told mourners she'd always be her 'sunshine'. Now, the same speech that drew tears from the crowd is drawing scrutiny from law enforcement.
