Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1

FOR
MORE INFORMATION, PLEASE VISIT www.cementospacasmayo.com/ or contact: Claudia Bustamante, IRO Tel: +(51) 958699760 E‐mail: cbustamante@cpsaa.com.pe
CEMENTOS
PACASMAYO S.A.A. ANNOUNCES CONSOLIDATED RESULTS
FOR
SECOND QUARTER 2026
Lima,
Peru, July 20, 2026 – 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
(“2Q26”) and the first six months of the year (“6M26”). These results have been prepared in accordance with International
Financial Reporting Standards (“IFRS”) and are stated in Soles (S/).
2Q26
FINANCIAL AND OPERATIONAL HIGHLIGHTS:
(All
comparisons are to 2Q25, unless otherwise stated)
| ● | Sales
volume of cement, concrete and precast increased by 15.5%, mainly due to an increase
in bagged cement demand, as self-construction continued its strong performance. |
| ● | Revenues
increased by 15.4%, in line with the increased sales volumes mentioned above. |
| ● | Consolidated
EBITDA increased 34.3%, reaching S/174.8 million, mainly due to the above-mentioned sales
volume increase, as well as higher operating profit as profitability in the concrete sector
increased. |
| ● | Consolidated
EBITDA margin was 31.3%, a 4.4 percentage point increase. |
| ● | Net
income was S/ 77.2 million, a 61.5% increase, mainly due to higher operating income as
well as lower financial expenses as debt levels continued decreasing. |
6M26
FINANCIAL AND OPERATIONAL HIGHLIGHTS:
(All
comparisons are to 6M25, unless otherwise stated)
| ● | Sales
volume increased by 13.6%, mainly due to increased demand for bagged cement, as mentioned
above. |
| ● | Revenues
increased by 13.3%, in line with the increased sales volume. |
| ● | Consolidated
EBITDA increased 33.1%, reaching S/352.7 million, mainly due to increased demand, as
well as operational efficiencies from higher-margin concrete products. |
| ● | Consolidated
EBITDA margin was 31.6%, a 4.7 percentage point increase. |
| ● | Net
income increased by 58.4%, reaching S/ 159.2 million mainly due to higher operating income,
as well as slightly lower financial expenses as we continue to lower our debt levels. |
We
invite you to review our historical results by clicking on the underlined titles:
| | |
Financial
and Operating Results | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Cement,
concrete and precast shipments (MT) | |
| 795.0 | | |
| 688.2 | | |
| 15.5 | % | |
| 1,592.4 | | |
| 1,401.9 | | |
| 13.6 | % |
| In
millions of S/ | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Sales
of goods | |
| 558.9 | | |
| 484.1 | | |
| 15.4 | % | |
| 1,114.5 | | |
| 983.3 | | |
| 13.3 | % |
| Gross
profit | |
| 221.1 | | |
| 179.7 | | |
| 23.0 | % | |
| 455.5 | | |
| 363.0 | | |
| 25.4 | % |
| Operating
profit | |
| 136.4 | | |
| 90.7 | | |
| 50.4 | % | |
| 276.1 | | |
| 186.4 | | |
| 48.1 | % |
| Net
income | |
| 77.2 | | |
| 47.8 | | |
| 61.5 | % | |
| 159.2 | | |
| 100.5 | | |
| 58.4 | % |
| Consolidated
EBITDA | |
| 174.8 | | |
| 130.3 | | |
| 34.3 | % | |
| 352.7 | | |
| 264.9 | | |
| 33.1 | % |
| Gross
Margin | |
| 39.6 | % | |
| 37.1 | % | |
| 2.5
pp. | | |
| 40.9 | % | |
| 36.9 | % | |
| 4.0
pp. | |
| Operating
Margin | |
| 24.4 | % | |
| 18.7 | % | |
| 5.7
pp. | | |
| 24.8 | % | |
| 19.0 | % | |
| 5.8
pp. | |
| Net
income Margin | |
| 13.8 | % | |
| 9.9 | % | |
| 3.9
pp. | | |
| 14.3 | % | |
| 10.2 | % | |
| 4.1
pp. | |
| Consolidated
EBITDA Margin | |
| 31.3 | % | |
| 26.9 | % | |
| 4.4
pp. | | |
| 31.6 | % | |
| 26.9 | % | |
| 4.7
pp. | |
| 2 |
 |
MANAGEMENT
COMMENTS
During
the second quarter of 2026, we maintained a solid operational performance and continued to execute our financial strategy with discipline.
Our consolidated EBITDA in 2Q26 reached S/ 174.8 million, a 34.3% increase compared to 2Q25, resulting in an improved EBITDA margin of
31.3% (up from 26.9% in 2Q25). This operational efficiency, coupled with disciplined cost control strategies, directly contributed to
a rise in revenues to S/ 558.9 million, a 15.4% growth over the same period last year. Complementing this, our net profit rose by 61.5%
to S/ 77.2 million.
Building
a sustainable future implies deeply knowing, measuring, and managing the impact of our actions. In line with this commitment, we received
the official verification statement for our 2025 Organizational Carbon Footprint, granted by ICONTEC Perú as an independent verification
body. This significant milestone not only backs our corporate transparency but also validates, with rigorous data, the emission reductions
we are successfully achieving across the entire company. This collective achievement is the fruit of the collaborative teamwork between
our Climate Action area and all involved units, who continuously strive to improve our environmental performance as we advance toward
an increasingly sustainable operation.
Furthermore,
our dedication to driving technological innovation achieved a major milestone this quarter. Pacasmayo has successfully obtained a tax
benefit, granted by CONCYTEC following the official approval and authorization of our technological innovation project. This qualification
underscores our strategic focus on research and development, allowing us to optimize fiscal efficiency while reinforcing our commitment
to advancing cutting-edge solutions that strengthen our long-term competitiveness within the industry.
Moreover,
our portfolio of advanced building solutions continues to grow more robust, driving the industrialization of the sector through highly
efficient, safe, and sustainable alternatives. Our technical expertise is reflected across several high-impact projects. In road infrastructure,
we are enhancing resilient connectivity in northern Peru—specifically in Piura, Chiclayo, and La Libertad—through specialized
soil stabilization and rigid pavements designed to withstand demanding climate conditions. For the mining and industrial sectors, our
prefabricated concrete solutions continue to optimize execution times and operational continuity in extreme environments, as demonstrated
at Yanacocha Sulfuros in Cajamarca, where we delivered 432 prefabricated foundations at over 4,000 meters above sea level. Additionally,
our hydraulic and soil containment solutions achieved significant commercial traction, highlighted by the specification of an additional
4.4 kilometers of concrete sheet piles for the Piura River defense project. By accompanying our clients from engineering specification
to final assembly, we reinforce our position as a key strategic partner in the region’s development.
Our
people remain the driving force behind our success, and our focus on talent, diversity, and inclusion continues to receive outstanding
recognition. We are proud to announce that Pacasmayo has entered the Top 15 of the Merco Talento 2026 index, climbing to the 14th position
nationwide among the best companies to attract and retain talent, while securing the #1 spot in the cement sector for the 11th consecutive
year. In parallel, we successfully closed a new edition of “ALAS: Mujeres que inspiran” (Inspiring Women), a comprehensive
program designed to drive the leadership and empowerment of 25 women in Pacasmayo. Through group learning, specialized workshops, and
personalized coaching, we continue to build an inclusive culture that fosters trust, professional growth, and the capacity to generate
a meaningful impact within the organization.
We
conclude this quarter with great optimism, confident that our strategic progress in sustainability, innovation, and talent development—supported
by our ongoing integration with Holcim—will allow us to leverage global capabilities while maintaining our deep local essence.
United by a common purpose, we remain uniquely positioned to build a stronger, more diverse, and unstoppable future.
| 3 |
 |
PERUVIAN
CEMENT INDUSTRY OVERVIEW:
The
demand for cement in Peru is covered mainly by Pacasmayo, UNACEM and Cementos Yura, and to a lesser extent by Caliza Inca, Holcim, imports
and other small producers. Pacasmayo mainly covers the demand in the northern region of the country, while UNACEM covers the central
region and Cementos Yura the southern region.(1)
The
northern region of Peru, according to the Instituto Nacional de Estadística e Informática (INEI) and Apoyo Consultoría,
represents approximately 32.9% of the country’s population and 20.0% of national Gross Domestic Product (“GDP”). Despite
the country’s sustained growth over the last 10 years, Peru continues to have a significant housing deficit, estimated at 1.7 million
households throughout the country as per the Ministry of Housing, Construction and Sanitation (80% qualitative and 20% quantitative deficit).
In
Peru, the majority of cement is sold to a highly fragmented consumer base of individuals that tend to gradually buy bags of cement to
build or to improve their homes, a segment the industry refers to as “self-construction”.
| * | Import
figures are sourced from Aduanet. They represent quantities of imported cement, not shipped
cement.
Source: INEI, Aduanet |
| (1) | On
March 30, 2026, Holcim Ltd (“Holcim”) completed the acquisition of 99.99% of
the capital stock of Inversiones Aspi S.A. (“ASPI”). Prior to this transaction,
Eduardo Hochschild owned this 99.99% of ASPI. As a result of this transaction, through ASPI,
Holcim now directly and indirectly, owns and controls 50.01% of Cementos Pacasmayo S.A.A.
(the “Company”), which resulted in a change of control. |
5
*Import figures are sourced from Aduanet. They represent quantities of imported cement, not shipped cement. Source: INEI, Aduanet PERUVIAN
CEMENT INDUSTRY OVERVIEW: The demand for cement in Peru is covered mainly by Pacasmayo, UNACEM and Cementos Yura, and to a lesser extent
by Caliza Inca, Holcim, imports and other small producers. Pacasmayo mainly covers the demand in the northern region of the country,
while UNACEM covers the central region and Cementos Yura the southern region.(1) The northern region of Peru, according to the Instituto
Nacional de Estadística e Informática (INEI) and Apoyo Consultoría, represents approximately 32.9% of the country’s
population and 20.0% of national Gross Domestic Product (“GDP”). Despite the country’s sustained growth over the last
10 years, Peru continues to have a significant housing deficit, estimated at 1.7 million households throughout the country as per the
Ministry of Housing, Construction and Sanitation (80% qualitative and 20% quantitative deficit). In Peru, the majority of cement is sold
to a highly fragmented consumer base of individuals that tend to gradually buy bags of cement to build or to improve their homes, a segment
the industry refers to as “self-construction”. (1) On March 30, 2026, Holcim Ltd (“Holcim”) completed the acquisition
of 99.99% of the capital stock of Inversiones Aspi S.A. (“ASPI”). Prior to this transaction, Eduardo Hochschild owned this
99.99% of ASPI. As a result of this transaction, through ASPI, Holcim now directly and indirectly, owns and controls 50.01% of Cementos
Pacasmayo S.A.A. (the “Company”), which resulted in a change of control.
| 4 |
 |

6
OUR STRATEGIC PROGRESS Dow Jones Best-in-Class MILA For the seventh consecutive year, we have been included in the Dow Jones Best-in-Class
MILA Index (DJBIC). In 2025, we scored 79 points on S&P Global’s Corporate Sustainability Assessment (CSA) improving our performance
compared to We received the verification statement for our 2025 Organizational Carbon Footprint, issued by ICONTEC Perú as an independent
verification body. This milestone not only underscores our transparency as an organization but Carbon Footprint Merco Talento We are
among the Top 15 in the Merco Talento 2026 rankings. We climbed to 14th place in the ranking, which recognizes the country’s best
companies for attracting and retaining talent. In addition, we were recognized as the No. 1 company in the cement industry for 11 consecutive
years. For the third consecutive year, we have been named one of the 10 most responsible companies in Peru, ranking ninth in the overall
Merco Responsabilidad ESG 2025 ranking. This recognition reflects our daily efforts to integrate environmental, social, and governance
criteria Merco ESG
| 5 |
 |
OPERATING
RESULTS:
Production:
Cement
Production Volume
(thousands
of metric tons)
| | |
Production | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Pacasmayo
Plant | |
| 452.4 | | |
| 412.1 | | |
| 9.8 | % | |
| 931.0 | | |
| 842.0 | | |
| 10.6 | % |
| Rioja
Plant | |
| 83.4 | | |
| 77.2 | | |
| 8.0 | % | |
| 169.2 | | |
| 153.5 | | |
| 10.2 | % |
| Piura
Plant | |
| 267.8 | | |
| 198.9 | | |
| 34.6 | % | |
| 488.1 | | |
| 408.6 | | |
| 19.5 | % |
| Total | |
| 803.6 | | |
| 688.2 | | |
| 16.8 | % | |
| 1,588.3 | | |
| 1,404.1 | | |
| 13.1 | % |
Driven
by higher demand, total cement production volume increased 16.8% in 2Q26 compared to 2Q25, reaching 803.6 thousand metric tons. Growth
was recorded across all facilities, led by the Piura Plant, where production rose 34.6%, followed by increases of 9.8% at the Pacasmayo
Plant and 8.0% at the Rioja Plant. During the 6M26, total cement production increased 13.1% year-over-year to 1,588.3 thousand metric
tons, reflecting growth of 19.5% at Piura, 10.6% at Pacasmayo, and 10.2% at Rioja.
Clinker
Production Volume
(thousands
of metric tons)
| | |
Production | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Pacasmayo
Plant | |
| 199.6 | | |
| 214.7 | | |
| -7.0 | % | |
| 537.1 | | |
| 506.8 | | |
| 6.0 | % |
| Rioja Plant | |
| 63.0 | | |
| 57.8 | | |
| 9.0 | % | |
| 128.1 | | |
| 114.3 | | |
| 12.1 | % |
| Piura Plant | |
| 76.5 | | |
| 266.8 | | |
| -71.3 | % | |
| 249.5 | | |
| 431.7 | | |
| -42.2 | % |
| Total | |
| 339.1 | | |
| 539.3 | | |
| -37.1 | % | |
| 914.7 | | |
| 1,052.8 | | |
| -13.1 | % |
Clinker
production volume at the Rioja plant increased by 9.0% in 2Q26 and 12.1% in 6M26 compared to the same periods in 2025, primarily to meet
higher cement demand in its area of influence.
Clinker
production volume at the Piura Plant decreased 71.3% in 2Q26 and 42.2% in 6M26 compared to the corresponding periods of 2025, reflecting
the timing of production under our annual production plan, which is designed to maximize kiln operating efficiency throughout the year.
Clinker
production volume at the Pacasmayo plant decreased 7% in 2Q26 compared to the same period of 2025, mainly due to scheduled maintenance
this quarter. However, during 6M26, clinker production increased 6% compared to the same period of 2025, in line with the increased cement
production during this period.
Total
clinker production volume decreased 37.1% in 2Q26 and 13.1% in 6M26 compared to the corresponding periods of 2025, mainly due to the
use of existing clinker inventories and scheduled kiln maintenance at our Pacasmayo and Piura plants during April 2026 and May 2026.
| 6 |
 |
INSTALLED
CAPACITY:
Installed
Clinker and Cement Capacity
Full
year installed cement capacity at the Pacasmayo, Piura and Rioja plants remained stable at 2.9 million MT, 1.6 million MT and 440,000
MT, respectively.
Full
year installed clinker capacity at the Pacasmayo, Piura and Rioja plants remained stable at 1.8 million MT, 990,000 MT and 289,080 MT,
respectively.
UTILIZATION
RATE1:
Pacasmayo
Plant Utilization Rate
| | |
Utilization
Rate | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Cement | |
| 62.4 | % | |
| 56.8 | % | |
| 5.6
pp. | | |
| 64.2 | % | |
| 58.1 | % | |
| 6.1
pp. | |
| Clinker | |
| 45.5 | % | |
| 48.9 | % | |
| -3.4
pp. | | |
| 61.2 | % | |
| 57.7 | % | |
| 3.5
pp. | |
Cement
production utilization rate at the Pacasmayo Plant increased by 5.6 and 6.1 percentage points in 2Q26 and 6M26, compared to 2Q25 and
6M25, respectively, mainly reflecting higher production to meet increased demand, as mentioned above.
Clinker
production utilization rate decreased by 3.4 percentage points in 2Q26 compared to 2Q25, mainly due to scheduled kiln maintenance during
the quarter and the use of existing clinker inventories. During 6M26, the utilization rate increased by 3.5 percentage points compared
to 6M25, primarily reflecting higher clinker production to meet increased cement demand.
Rioja
Plant Utilization Rate
| | |
Utilization
Rate | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Cement | |
| 75.8 | % | |
| 70.1 | % | |
| 5.7
pp. | | |
| 76.9 | % | |
| 69.8 | % | |
| 7.1
pp. | |
| Clinker | |
| 87.2 | % | |
| 79.9 | % | |
| 7.3
pp. | | |
| 88.6 | % | |
| 79.0 | % | |
| 9.6
pp. | |
Driven
by higher cement demand in its area of influence, the Rioja Plant recorded year-over-year increases in both cement and clinker utilization
rates. The cement utilization rate reached 75.8% in 2Q26 and 76.9% in 6M26, representing increases of 5.7 and 7.1 percentage points compared
to 2Q25 and 6M25, respectively. The clinker utilization rate reached 87.2% in 2Q26 and 88.6% in 6M26, up 7.3 and 9.6 percentage points,
respectively, reflecting higher clinker production to support increased cement demand.
| 1 | The
utilization rates are calculated by dividing production in a given period over installed
capacity. The utilization rate implies annualized production, which is calculated by multiplying
real production for each quarter by four. |
| 7 |
 |
Piura
Plant Utilization Rate
| | |
Utilization
Rate | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Cement | |
| 67.0 | % | |
| 49.7 | % | |
| 17.3
pp. | | |
| 61.0 | % | |
| 51.1 | % | |
| 9.9
pp. | |
| Clinker | |
| 30.9 | % | |
| 107.8 | % | |
| -76.9
pp. | | |
| 50.4 | % | |
| 87.2 | % | |
| -36.8
pp. | |
Driven
by higher cement demand, the cement production utilization rate at the Piura Plant reached 67.0% in 2Q26 and 61.0% in 6M26, representing
increases of 17.3 and 9.9 percentage points compared to 2Q25 and 6M25, respectively. In contrast, the clinker production utilization
rate reached 30.9% in 2Q26 and 50.4% in 6M26, decreasing by 76.9 and 36.8 percentage points, respectively, in line with our annual production
plan, which is designed to maximize the operating efficiency of our kilns throughout the year, and therefore stopped during most of this
quarter.
Consolidated
Utilization Rate
| | |
Utilization
Rate | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Cement | |
| 65.1 | % | |
| 55.7 | % | |
| 9.4
pp. | | |
| 64.3 | % | |
| 56.8 | % | |
| 7.5
pp. | |
| Clinker | |
| 44.7 | % | |
| 71.1 | % | |
| -26.4
pp. | | |
| 60.3 | % | |
| 69.4 | % | |
| -9.1
pp. | |
The
consolidated cement production utilization rate reached 65.1% in 2Q26 and 64.3% in 6M26, representing increases of 9.4 and 7.5 percentage
points compared to 2Q25 and 6M25, respectively, mainly driven by higher cement demand.
The
consolidated clinker production utilization rate reached 44.7% in 2Q26 and 60.3% in 6M26, representing decreases of 26.4 and 9.1 percentage
points compared to 2Q25 and 6M25, respectively, mainly reflecting the timing of clinker production under our annual production plan,
which is designed to maximize the operating efficiency of our kilns, as well as the use of existing clinker inventories.
| 8 |
 |
FINANCIAL
RESULTS:
Income
Statement:
The
following table shows a summary of the Consolidated Financial Results:
Consolidated
Financial Results
(in
millions of Soles S/)
| | |
| Income
Statement | |
| | |
| 2Q26 | | |
| 2Q25 | | |
| %
Var. | | |
| 6M26 | | |
| 6M25 | | |
| %
Var. | |
| Sales
of goods | |
| 558.9 | | |
| 484.1 | | |
| 15.4 | % | |
| 1,114.5 | | |
| 983.3 | | |
| 13.3 | % |
| Gross
Profit | |
| 221.1 | | |
| 179.7 | | |
| 23.0 | % | |
| 455.5 | | |
| 363.0 | | |
| 25.4 | % |
| Total
operating expenses, net | |
| -84.7 | | |
| -89.0 | | |
| -4.8 | % | |
| -179.4 | | |
| -176.7 | | |
| 1.5 | % |
| Operating
Profit | |
| 136.4 | | |
| 90.7 | | |
| 50.4 | % | |
| 276.1 | | |
| 186.4 | | |
| 48.1 | % |
| Total
other expenses, net | |
| -21.4 | | |
| -21.1 | | |
| 1.4 | % | |
| -43.0 | | |
| -42.8 | | |
| 0.5 | % |
| Profit
before income tax | |
| 115.1 | | |
| 69.6 | | |
| 65.2 | % | |
| 233.1 | | |
| 143.6 | | |
| 62.3 | % |
| Income
tax expense | |
| -37.8 | | |
| -21.8 | | |
| 73.4 | % | |
| -73.9 | | |
| -43.1 | | |
| 71.5 | % |
| Profit
for the period | |
| 77.2 | | |
| 47.8 | | |
| 61.5 | % | |
| 159.2 | | |
| 100.5 | | |
| 58.4 | % |
Revenues
increased by 15.4% in 2Q26 and 13.3% in 6M26 compared to 2Q25 and 6M25, respectively, mainly driven by higher sales volumes of bagged
cement for the self-construction segment. Gross profit increased by 23.0% in 2Q26 and 25.4% in 6M26 compared to the same periods of 2025,
mainly due to increased profitability in concrete, as well as operational efficiencies resulting from our maintenance and production
plans during the first quarter of the year. Profit for the period increased by 61.5% in 2Q26 and 58.4% in 6M26, mainly due to higher
sales and operating profit.
SALES
OF GOODS
The
following table shows the Sales of Goods and their respective margins by business segment:
Sales:
cement, concrete and precast
(in
millions of Soles S/)
| | |
| Cement,
concrete and precasts | |
| | |
| 2Q26 | | |
| 2Q25 | | |
| %
Var. | | |
| 6M26 | | |
| 6M25 | | |
| %
Var. | |
| Sales of goods | |
| 544.2 | | |
| 469.1 | | |
| 16.0 | % | |
| 1,083.2 | | |
| 955.4 | | |
| 13.4 | % |
| Cost of Sales | |
| -320.7 | | |
| -286.6 | | |
| 11.9 | % | |
| -623.3 | | |
| -587.4 | | |
| 6.1 | % |
| Gross Profit | |
| 223.4 | | |
| 182.4 | | |
| 22.5 | % | |
| 459.9 | | |
| 368.0 | | |
| 25.0 | % |
| Gross Margin | |
| 41.1 | % | |
| 38.9 | % | |
| 2.2
pp. | | |
| 42.5 | % | |
| 38.5 | % | |
| 4.0
pp. | |
Sales
of cement, concrete and precast increased 16.0% in 2Q26 and 13.4% in 6M26, when compared to 2Q25 and 6M25 respectively, mainly due to
increased sales of cement. Gross margin increased 2.2 percentage points in 2Q26 and 4.0 percentage points during 6M26, when compared
to 2Q25 and 6M25 respectively, mainly due to operational efficiencies in cement and concrete production.
| 9 |
 |
Sales:
cement
(in
millions of Soles S/)
Sales
of cement represented 86.3% of cement, concrete and precast sales during 2Q26.
| | |
| Cement | |
| | |
| 2Q26 | | |
| 2Q25 | | |
| %
Var. | | |
| 6M26 | | |
| 6M25 | | |
| %
Var. | |
| Sales of goods | |
| 469.5 | | |
| 392.8 | | |
| 19.5 | % | |
| 935.9 | | |
| 795.0 | | |
| 17.7 | % |
| Cost of Sales | |
| -257.5 | | |
| -209.3 | | |
| 23.0 | % | |
| -498.9 | | |
| -424.6 | | |
| 17.5 | % |
| Gross Profit | |
| 212.0 | | |
| 183.5 | | |
| 15.5 | % | |
| 437.0 | | |
| 370.4 | | |
| 18.0 | % |
| Gross Margin | |
| 45.2 | % | |
| 46.7 | % | |
| -1.5
pp. | | |
| 46.7 | % | |
| 46.6 | % | |
| 0.1
pp. | |
Sales
of cement increased 19.5% in 2Q26 compared to 2Q25 and 17.7% in 6M26 compared to 6M25, mainly driven by higher sales volumes and average
selling prices. Gross margin decreased 1.5 percentage points in 2Q26, mainly due to a slight increase in coal prices, as well as higher
consumption of imported clinker during kiln maintenance. In 6M26, gross margin remained stable.
Sales:
concrete, pavement and mortar
(in
millions of Soles S/)
Sales
of concrete, pavement and mortar represented 12.3% of cement, concrete, and precast sales during 2Q26.
| | |
| Concrete,
pavement and mortar | |
| | |
| 2Q26 | | |
| 2Q25 | | |
| %
Var. | | |
| 6M26 | | |
| 6M25 | | |
| %
Var. | |
| Sales of goods | |
| 66.8 | | |
| 68.6 | | |
| -2.6 | % | |
| 132.8 | | |
| 146.4 | | |
| -9.3 | % |
| Cost of Sales | |
| -56.1 | | |
| -69.9 | | |
| -19.7 | % | |
| -111.3 | | |
| -149.2 | | |
| -25.4 | % |
| Gross Profit | |
| 10.7 | | |
| -1.3 | | |
| N/R | | |
| 21.5 | | |
| -2.8 | | |
| N/R | |
| Gross Margin | |
| 16.0 | % | |
| -1.9 | % | |
| 17.9
pp. | | |
| 16.2 | % | |
| -1.9 | % | |
| 18.1
pp. | |
Sales
of concrete, pavement and mortar decreased 2.6% during 2Q26 and 9.3% in 6M26 compared to 2Q25 and 6M25 respectively, mainly due to decreased
sales volume of pavement as the Piura airport project finished last year. Despite this decline in volume, gross margin expanded by a
remarkable 17.9 and 18.1 percentage points in 2Q26 and 6M26 respectively compared with the same period of the last year. As mentioned
before, this surge reflects a ‘regularization’ of profitability as the segment shifted away from the low-margin Piura airport
works toward the Yanacocha project, which requires more specialized concrete solutions with significantly higher margins.
| 10 |
 |
Sales:
precast
(in
millions of Soles S/)
Sales
of precast represented 1.4% of cement, concrete, and precast sales during 2Q26.
| | |
Precast | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Sales
of goods | |
| 7.9 | | |
| 7.7 | | |
| 2.6 | % | |
| 14.5 | | |
| 14.0 | | |
| 3.6 | % |
| Cost of Sales | |
| -7.1 | | |
| -7.4 | | |
| -4.1 | % | |
| -13.1 | | |
| -13.6 | | |
| -3.7 | % |
| Gross
Profit | |
| 0.8 | | |
| 0.3 | | |
| N/R | | |
| 1.4 | | |
| 0.4 | | |
| N/R | |
| Gross
Margin | |
| 10.1 | % | |
| 3.9 | % | |
| 6.2
pp. | | |
| 9.7 | % | |
| 2.9 | % | |
| 6.8
pp. | |
During
2Q26, precast sales increased 2.6% compared to 2Q25 and 3.6% in 6M26 compared to 6M25, mainly due to demand from the public sector. Gross
margin in 2Q26 and 6M26 was higher by 6.2 and 6.8 percentage points, respectively, compared to 2Q25 and 6M25, reflecting higher sales
volumes and lower cost of sales per ton.
Sales:
Construction Supplies2
(in
millions of Soles S/)
| | |
Construction
Supplies | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Sales
of goods | |
| 9.0 | | |
| 12.3 | | |
| -26.8 | % | |
| 18.4 | | |
| 22.3 | | |
| -17.5 | % |
| Cost of Sales | |
| -9.0 | | |
| -12.2 | | |
| -26.2 | % | |
| -18.2 | | |
| -21.9 | | |
| -16.9 | % |
| Gross
Profit | |
| 0.0 | | |
| 0.1 | | |
| -100.0 | % | |
| 0.2 | | |
| 0.4 | | |
| -50.0 | % |
| Gross
Margin | |
| 0.0 | % | |
| 0.8 | % | |
| -0.8
pp. | | |
| 1.1 | % | |
| 1.8 | % | |
| -0.7
pp. | |
During
2Q26, construction supplies sales decreased 26.8% compared to 2Q25 and 17.5% in 6M26 compared to 6M25, mainly due to the lower sales
volume and average price of steel bars. Gross margin decreased 0.8 percentage points in 2Q26 when compared to 2Q25 and 0.7 percentage
points in 6M26 when compared to 6M25.
| 2 | Construction
supplies include the following products: steel rebar, wires, nails, corrugated iron, electric
conductors, plastic tubes and accessories, among others. |
| 11 |
 |
OPERATING
EXPENSES:
Administrative
Expenses
(in
millions of Soles S/)
| | |
Administrative
Expenses | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
%
Var. | |
| Personnel
expenses | |
| 36.2 | | |
| 40.1 | | |
| -9.7 | % | |
| 75.5 | | |
| 80.7 | | |
| -6.4 | % |
| Third-party services | |
| 21.3 | | |
| 20.6 | | |
| 3.4 | % | |
| 42.0 | | |
| 39.6 | | |
| 6.1 | % |
| Board of Directors | |
| 0.5 | | |
| 1.4 | | |
| -64.3 | % | |
| 1.9 | | |
| 2.8 | | |
| -32.1 | % |
| Depreciation and amortization | |
| 3.5 | | |
| 4.2 | | |
| -16.7 | % | |
| 7.1 | | |
| 8.0 | | |
| -11.3 | % |
| Other | |
| 3.6 | | |
| 4.1 | | |
| -12.2 | % | |
| 8.1 | | |
| 9.2 | | |
| -12.0 | % |
| Total | |
| 65.1 | | |
| 70.4 | | |
| -7.5 | % | |
| 134.6 | | |
| 140.3 | | |
| -4.1 | % |
Administrative
expenses decreased 7.5% in 2Q26 and 4.1% in 6M26 compared to 2Q25 and 6M25 respectively, mainly due to lower
personnel expenses, primarily reflecting a lower collective bargaining bonus than in 2Q25.
Selling
Expenses
(in
millions of Soles S/)
| | |
Selling
and distribution expenses | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
% Var. | |
| Personnel
expenses | |
| 14.4 | | |
| 11.7 | | |
| 23.1 | % | |
| 27.1 | | |
| 23.4 | | |
| 15.8 | % |
| Advertising and promotion | |
| 4.8 | | |
| 4.2 | | |
| 14.3 | % | |
| 12.1 | | |
| 9.3 | | |
| 30.1 | % |
| Third party services | |
| 3.9 | | |
| 4.4 | | |
| -11.4 | % | |
| 7.4 | | |
| 7.2 | | |
| 2.8 | % |
| Information technology
related services | |
| 0.7 | | |
| 0.7 | | |
| 0.0 | % | |
| 1.3 | | |
| 1.2 | | |
| 8.3 | % |
| Depreciation and amortization | |
| 1.7 | | |
| 1.4 | | |
| 21.4 | % | |
| 3.3 | | |
| 2.7 | | |
| 22.2 | % |
| Other | |
| -3.1 | | |
| 0.0 | | |
| N/R | | |
| 1.5 | | |
| 1.3 | | |
| 15.4 | % |
| Total | |
| 22.4 | | |
| 22.4 | | |
| 0.0 | % | |
| 52.7 | | |
| 45.1 | | |
| 16.9 | % |
Selling
expenses in 2Q26 remained in line with 2Q25, as increased advertising and promotion expenses were offset by decreased provisions for
doubtful payment. During 6M26, selling expenses increased 16.9% compared to 6M25.
| 12 |
 |
EBITDA
RECONCILIATION:
Consolidated
EBITDA
(in
millions of Soles S/)
| | |
Consolidated
EBITDA | |
| | |
2Q26 | | |
2Q25 | | |
%
Var. | | |
6M26 | | |
6M25 | | |
% Var. | |
| Net Income | |
| 77.2 | | |
| 47.8 | | |
| 61.5 | % | |
| 159.2 | | |
| 100.5 | | |
| 58.4 | % |
| + Income tax expense | |
| 37.8 | | |
| 21.8 | | |
| 73.4 | % | |
| 73.9 | | |
| 43.1 | | |
| 71.5 | % |
| - Finance income | |
| -0.7 | | |
| -0.5 | | |
| 16.7 | % | |
| -1.1 | | |
| -1.2 | | |
| -8.3 | % |
| + Financial expenses | |
| 21.4 | | |
| 22.7 | | |
| -5.7 | % | |
| 43.1 | | |
| 45.8 | | |
| -5.9 | % |
| +/- Net loss from exchange
rate | |
| 0.7 | | |
| -1.1 | | |
| N/R | | |
| 1.1 | | |
| -1.9 | | |
| N/R | |
| + Depreciation and amortization | |
| 38.4 | | |
| 39.6 | | |
| -3.0 | % | |
| 76.6 | | |
| 78.6 | | |
| -2.5 | % |
| Consolidated EBITDA | |
| 174.8 | | |
| 130.3 | | |
| 34.3 | % | |
| 352.7 | | |
| 264.9 | | |
| 33.1 | % |
Consolidated
EBITDA increased 34.3% in 2Q26 and 33.1% in 6M26, when compared to 2Q25 and 6M25, respectively, mainly driven by higher demand for bagged
cement, as well as operational efficiencies in concrete as we focused on higher-margin services.
Cash
and Debt Position:
Consolidated
Cash (in millions of Soles S/)
As
of June 30, 2026, the cash balance was S/199.5 million (US$ 58.6 million). This balance includes certificates of deposit in the amount
of S/ 154.4 million (US$ 45.4 million), distributed as follows:
Certificate
Deposits in Soles
| Bank | |
Amount
(S/) | |
Interest
Rate | | |
Initial
Date | |
Maturity
Date |
| BBVA | |
S/
7.0 | |
| 4.10 | % | |
June 9, 2026 | |
July 1, 2026 |
| INTERBANK | |
S/ 13.0 | |
| 4.00 | % | |
June 19, 2026 | |
July 2, 2026 |
| BCP | |
S/ 25.0 | |
| 3.95 | % | |
June 26, 2026 | |
July 2, 2026 |
| BCP | |
S/ 17.2 | |
| 3.95 | % | |
June 30, 2026 | |
July 2, 2026 |
| BBVA | |
S/ 9.0 | |
| 4.00 | % | |
June 30, 2026 | |
July 2, 2026 |
| INTERBANK | |
S/ 1.0 | |
| 3.75 | % | |
June 30, 2026 | |
July 2, 2026 |
| SCOTIABANK | |
S/ 1.6 | |
| 3.85 | % | |
June 30, 2026 | |
July 2, 2026 |
| BBVA | |
S/ 8.0 | |
| 4.00 | % | |
June 19, 2026 | |
July 2, 2026 |
| BCP | |
S/ 13.5 | |
| 3.97 | % | |
June 22, 2026 | |
July 2, 2026 |
| BBVA | |
S/ 15.0 | |
| 4.00 | % | |
June 26, 2026 | |
July 2, 2026 |
| BCP | |
S/ 10.0 | |
| 3.99 | % | |
June 22, 2026 | |
July 7, 2026 |
| BCP | |
S/ 16.5 | |
| 3.99 | % | |
June 22, 2026 | |
July 8, 2026 |
| INTERBANK | |
S/ 1.5 | |
| 3.95 | % | |
June 26, 2026 | |
July 9, 2026 |
| BCP | |
S/
10.0 | |
| 3.99 | % | |
June 22, 2026 | |
July 14, 2026 |
| | |
S/
148.3 | |
| | | |
| |
|
| 13 |
 |
Certificates
of deposits in American Dollars
| Bank | |
Amount
(USD) | |
Interest
Rate | | |
Initial
Date | |
Maturity
Date |
| BCP | |
USD 1.3 | |
| 2.38 | % | |
June 26, 2026 | |
July 2, 2026 |
| BCP | |
USD
0.5 | |
| 2.95 | % | |
June 30, 2026 | |
July 2, 2026 |
| | |
USD
1.8 | |
| | | |
| |
|
The
remaining balance of S/ 45.1 million (US$ 13.2 million) is held mainly in the Company’s bank accounts, of which US$ 9.2 million
are denominated in US dollars and the balance in Soles.
DEBT
POSITION:
Consolidated
Debt
(in
millions of Soles S/)
Below
are the contractual obligations with payment deadlines related to the Company’s debt, including interest.
| | |
Debt
Schedule | |
| | |
Less
than
1 year | | |
1-3
Years | | |
3-5
Years | | |
More
than
5 Years | | |
Total | |
| Indebtedness | |
| 571.6 | | |
| 494.5 | | |
| 124.0 | | |
| 186.0 | | |
| 1,376.1 | |
| Future
interest payments | |
| 67.9 | | |
| 89.1 | | |
| 36.1 | | |
| 22.3 | | |
| 215.4 | |
| Total | |
| 639.5 | | |
| 583.6 | | |
| 160.1 | | |
| 208.3 | | |
| 1,591.5 | |
As
of June 30, 2026, the Company’s total outstanding debt, as shown in the financial statements, reached S/ 1,372.6 million (US$ 401.9
million). This debt is mainly composed of two local bonds issued in January 2019 and the club deal obtained in 2022.
As
of June 30, 2026, Net Debt/EBITDA ratio was 2.3 times.
| 14 |
 |
Capex
(in
millions of Soles S/)
As
of June 30, 2026 the Company invested S/ 29.3 million (US$ 8.6 million), allocated to the following projects:
| Projects |
| 6M26 | |
| Pacasmayo Plant
Projects |
| 15.8 | |
| Concrete and
aggregates equipment |
| 5.0 | |
| Rioja Plant
Projects |
| 1.1 | |
| Piura Plant
Projects |
| 7.4 | |
| Total |
| 29.3 | |
ABOUT
CEMENTOS PACASMAYO S.A.A.
Cementos
Pacasmayo S.A.A. a member of the Holcim Group, 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 almost
70 years of operating history, the Company produces, distributes and sells cement and cement-related materials, such as 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.
For more
information, please visit: http://www.cementospacasmayo.com.pe/
Note:
The Company presented some figures converted from Soles to U.S. Dollars for comparison purposes. The exchange rate used to convert Soles
to U.S. dollars was S/ 3.403 per US$ 1.00, which was the buying exchange rate, reported as of June 30, 2026 by the Superintendencia de
Banca, Seguros y AFP’s (SBS). The information presented in U.S. dollars is for the convenience of the reader only. Certain figures
included in this report have been subject to rounding adjustments. Accordingly, figures shown as totals in certain tables may not be
arithmetic aggregations of the figures presented in previous quarters.
This
press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on
management’s current view and estimates of future economic circumstances, industry conditions, Company performance and financial
results. Also, certain reclassifications have been made to make figures comparable for the periods. The words “anticipates”,
“believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to
the Company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation
of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or
trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements
reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected
events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and
market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results
to differ materially from current expectations.
| 15 |
 |
CONSOLIDATED
STATEMENTS OF FINANCIAL POSITION
As
of June 30, 2026 (unaudited) and December 31,2025 (audited)
| | |
As
of Jun-26 | | |
As
of Dec-25 | |
| | |
S/
(000) | | |
S/
(000) | |
| Cash
and cash equivalents | |
| 199,462 | | |
| 53,571 | |
| Trade
and other receivables,net | |
| 144,728 | | |
| 146,674 | |
| Income
tax prepayments | |
| 66,186 | | |
| 24,857 | |
| Inventories | |
| 651,495 | | |
| 707,143 | |
| Prepayments | |
| 38,620 | | |
| 17,503 | |
| Total
current assets | |
| 1,100,491 | | |
| 949,748 | |
| Trade
and other receivables, net | |
| 28,263 | | |
| 28,450 | |
| Financial
instruments designated at fair value through OCI | |
| 998 | | |
| 163 | |
| Property,
plant and equipment, net | |
| 1,962,081 | | |
| 2,005,714 | |
| Intangible
assets, net | |
| 59,962 | | |
| 62,800 | |
| Goodwill | |
| 4,459 | | |
| 4,459 | |
| Deferred
income tax assets | |
| 35,025 | | |
| 34,994 | |
| Right-of-use
asset, net | |
| 14,259 | | |
| 16,988 | |
| Other
assets | |
| 32 | | |
| 50 | |
| Total
non-current assets | |
| 2,105,079 | | |
| 2,153,618 | |
| Total
assets | |
| 3,205,570 | | |
| 3,103,366 | |
| Trade
and other payables | |
| 289,283 | | |
| 283,907 | |
| Financial
obligations | |
| 570,346 | | |
| 532,346 | |
| Lease
liabilities | |
| 4,312 | | |
| 4,879 | |
| Income
tax payable | |
| 2,373 | | |
| 3,784 | |
| Provisions | |
| 38,749 | | |
| 47,689 | |
| Total
current liabilities | |
| 905,063 | | |
| 872,605 | |
| Financial
obligations | |
| 802,286 | | |
| 879,809 | |
| Lease
liabilities | |
| 9,524 | | |
| 11,350 | |
| Provisions | |
| 20,733 | | |
| 29,005 | |
| Deferred
income tax liabilities | |
| 116,820 | | |
| 119,232 | |
| Total
non-current liabilities | |
| 949,363 | | |
| 1,039,396 | |
| Total
liabilities | |
| 1,854,426 | | |
| 1,912,001 | |
| Capital
stock | |
| 423,868 | | |
| 423,868 | |
| Investment shares | |
| 40,279 | | |
| 40,279 | |
| Investment
shares held in Treasury | |
| (121,258 | ) | |
| (121,258 | ) |
| Additional
paid-in capital | |
| 432,779 | | |
| 432,779 | |
| Legal
reserve | |
| 168,636 | | |
| 168,636 | |
| Other
accumulated comprehensive results (loss) | |
| (16,377 | ) | |
| (16,966 | ) |
| Retained
earnings | |
| 423,217 | | |
| 264,027 | |
| Total
Equity | |
| 1,351,144 | | |
| 1,191,365 | |
| Total
liability and equity | |
| 3,205,570 | | |
| 3,103,366 | |
| 16 |
 |
CONSOLIDATED
STATEMENTS OF PROFIT AND LOSS
For the
three and six -month periods ended June 30, 2026 and 2025 (both unaudited)
| | |
| 2Q26 | | |
| 2Q25 | | |
| 6M26 | | |
| 6M25 | |
| | |
| S/
(000) | | |
| S/
(000) | | |
| S/
(000) | | |
| S/
(000) | |
| Sales of goods | |
| 558,854 | | |
| 484,104 | | |
| 1,114,523 | | |
| 983,272 | |
| Cost
of sales | |
| (337,725 | ) | |
| (304,418 | ) | |
| (659,005 | ) | |
| (620,228 | ) |
| Gross
profit | |
| 221,129 | | |
| 179,686 | | |
| 455,518 | | |
| 363,044 | |
| Operating
(expenses) income | |
| | | |
| | | |
| | | |
| | |
| Administrative
expenses | |
| (65,121 | ) | |
| (70,352 | ) | |
| (134,618 | ) | |
| (140,339 | ) |
| Selling
and distribution expenses | |
| (22,394 | ) | |
| (22,413 | ) | |
| (52,653 | ) | |
| (45,125 | ) |
| Other
operating income, net | |
| 2,811 | | |
| 3,805 | | |
| 7,864 | | |
| 8,783 | |
| Total
operating expenses , net | |
| (84,704 | ) | |
| (88,960 | ) | |
| (179,407 | ) | |
| (176,681 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Operating
profit | |
| 136,425 | | |
| 90,726 | | |
| 276,111 | | |
| 186,363 | |
| Other
income (expenses) | |
| | | |
| | | |
| | | |
| | |
| Finance
income | |
| 728 | | |
| 524 | | |
| 1,126 | | |
| 1,168 | |
| Financial
costs | |
| (21,422 | ) | |
| (22,688 | ) | |
| (43,075 | ) | |
| (45,819 | ) |
| (Loss)
income from exchange difference, net | |
| (658 | ) | |
| 1,072 | | |
| (1,070 | ) | |
| 1,863 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total
other expenses, net | |
| (21,352 | ) | |
| (21,092 | ) | |
| (43,019 | ) | |
| (42,788 | ) |
| Profit
before income tax | |
| 115,073 | | |
| 69,634 | | |
| 233,092 | | |
| 143,575 | |
| Income
tax expense | |
| (37,829 | ) | |
| (21,812 | ) | |
| (73,902 | ) | |
| (43,080 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Profit
for the period | |
| 77,244 | | |
| 47,822 | | |
| 159,190 | | |
| 100,495 | |
| | |
| | | |
| | | |
| | | |
| | |
| Earnings
per share | |
| | | |
| | | |
| | | |
| | |
| Basic
and diluted earnings per year attributable to equity holders of common shares and investment in shares of Cementos Pacasmayo S.A.A.
(S/ per share) | |
| 0.18 | | |
| 0.11 | | |
| 0.37 | | |
| 0.23 | |
| 17 |
 |
CONSOLIDATED
STATEMENTS OF CHANGES IN EQUITY
For the
six-month periods ended June 30, 2026, 2025 (unaudited)
| | |
Attributable
to equity holders of the parent | |
| | |
Capital | | |
Investment
Shares | | |
Investments
Shares held in Treasury | | |
Additional
paid-in capital | | |
Legal
reserve | | |
Unrealized
loss in financial instruments designated at fair value | | |
Retained
earnings | | |
Total | |
| | |
S/ (000) | | |
S/ (000) | | |
S/ (000) | | |
S/ (000) | | |
S/ (000) | | |
S/ (000) | | |
S/ (000) | | |
S/ (000) | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Balance
as of January 1, 2025 | |
| 423,868 | | |
| 40,279 | | |
| (121,258 | ) | |
| 432,779 | | |
| 168,636 | | |
| (16,551 | ) | |
| 285,345 | | |
| 1,213,098 | |
| Profit
for the year | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 100,495 | | |
| 100,495 | |
| Other
comprehensive loss | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| (144 | ) | |
| - | | |
| (144 | ) |
| Total
comprehensive income | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| (144 | ) | |
| 100,495 | | |
| 100,351 | |
| Balance
as of June 30, 2025 | |
| 423,868 | | |
| 40,279 | | |
| (121,258 | ) | |
| 432,779 | | |
| 168,636 | | |
| (16,695 | ) | |
| 385,840 | | |
| 1,313,449 | |
| Balance
as of January 1, 2026 | |
| 423,868 | | |
| 40,279 | | |
| (121,258 | ) | |
| 432,779 | | |
| 168,636 | | |
| (16,966 | ) | |
| 264,027 | | |
| 1,191,365 | |
| Profit
for the year | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 159,190 | | |
| 159,190 | |
| Other
comprehensive loss | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 589 | | |
| - | | |
| 589 | |
| Total
comprehensive income | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 589 | | |
| 159,190 | | |
| 159,779 | |
| Balance
as of June 30, 2026 | |
| 423,868 | | |
| 40,279 | | |
| (121,258 | ) | |
| 432,779 | | |
| 168,636 | | |
| (16,377 | ) | |
| 423,217 | | |
| 1,351,144 | |
| 18 |
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