Cementos Pacasmayo SAA Files 2024 Annual Report

Ticker: CPAC · Form: 20-F · Filed: Apr 30, 2024 · CIK: 1221029

Sentiment: neutral

Topics: Cementos Pacasmayo, 20-F, Annual Report, CPAC, NYSE

TL;DR

<b>Cementos Pacasmayo SAA has filed its 2023 annual report on Form 20-F, detailing its financial performance and share structure.</b>

AI Summary

CEMENTOS PACASMAYO SAA (CPAC) filed a Foreign Annual Report (20-F) with the SEC on April 30, 2024. Cementos Pacasmayo SAA filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. The company's common shares, represented by American Depositary Shares, are traded on the New York Stock Exchange under the ticker symbol CPAC. As of December 31, 2023, Cementos Pacasmayo had 423,868,449 common shares outstanding. The report indicates the company is not a well-known seasoned issuer. The filing was made with the U.S. Securities and Exchange Commission on April 30, 2024.

Why It Matters

For investors and stakeholders tracking CEMENTOS PACASMAYO SAA, this filing contains several important signals. This filing provides investors with the latest official financial and operational data for Cementos Pacasmayo, crucial for evaluating its performance and future prospects. The report confirms the company's listing on the NYSE and provides share count details, which are important for understanding its market capitalization and investor base.

Risk Assessment

Risk Level: low — CEMENTOS PACASMAYO SAA shows low risk based on this filing. The filing is a routine annual report (20-F) and does not contain new material events or significant negative disclosures, indicating a stable operational status.

Analyst Insight

Investors should review the full 20-F filing for detailed financial statements, management discussion, and risk factors to make informed investment decisions.

Key Numbers

Key Players & Entities

FAQ

When did CEMENTOS PACASMAYO SAA file this 20-F?

CEMENTOS PACASMAYO SAA filed this Foreign Annual Report (20-F) with the SEC on April 30, 2024.

What is a 20-F filing?

A 20-F is a annual report for foreign private issuers, equivalent to a 10-K but following international reporting standards. This particular 20-F was filed by CEMENTOS PACASMAYO SAA (CPAC).

Where can I read the original 20-F filing from CEMENTOS PACASMAYO SAA?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CEMENTOS PACASMAYO SAA.

What are the key takeaways from CEMENTOS PACASMAYO SAA's 20-F?

CEMENTOS PACASMAYO SAA filed this 20-F on April 30, 2024. Key takeaways: Cementos Pacasmayo SAA filed its annual report on Form 20-F for the fiscal year ended December 31, 2023.. The company's common shares, represented by American Depositary Shares, are traded on the New York Stock Exchange under the ticker symbol CPAC.. As of December 31, 2023, Cementos Pacasmayo had 423,868,449 common shares outstanding..

Is CEMENTOS PACASMAYO SAA a risky investment based on this filing?

Based on this 20-F, CEMENTOS PACASMAYO SAA presents a relatively low-risk profile. The filing is a routine annual report (20-F) and does not contain new material events or significant negative disclosures, indicating a stable operational status.

What should investors do after reading CEMENTOS PACASMAYO SAA's 20-F?

Investors should review the full 20-F filing for detailed financial statements, management discussion, and risk factors to make informed investment decisions. The overall sentiment from this filing is neutral.

How does CEMENTOS PACASMAYO SAA compare to its industry peers?

Cementos Pacasmayo SAA operates in the cement industry, a key sector for infrastructure development in Peru and Latin America.

Are there regulatory concerns for CEMENTOS PACASMAYO SAA?

As a foreign private issuer filing with the SEC, Cementos Pacasmayo complies with US securities regulations, including the filing of annual reports on Form 20-F.

Industry Context

Cementos Pacasmayo SAA operates in the cement industry, a key sector for infrastructure development in Peru and Latin America.

Regulatory Implications

As a foreign private issuer filing with the SEC, Cementos Pacasmayo complies with US securities regulations, including the filing of annual reports on Form 20-F.

What Investors Should Do

  1. Review the full Form 20-F for detailed financial statements and management's discussion and analysis.
  2. Analyze the company's share structure and outstanding shares as detailed in the filing.
  3. Assess any disclosed risk factors and their potential impact on the company's operations and stock performance.

Key Dates

Year-Over-Year Comparison

This filing is the annual report for the fiscal year ended December 31, 2023, following the previous year's reporting cycle.

Filing Stats: 4,552 words · 18 min read · ~15 pages · Grade level 14.7 · Accepted 2024-04-30 16:02:06

Key Financial Figures

Filing Documents

Forward-Looking Statements

Forward-Looking Statements This annual report contains forward-looking statements. Forward-looking statements convey our current expectations or forecasts of future events. These statements involve known and unknown risks, uncertainties and other factors, including those listed under "Item 3. Key Information – D. Risk Factors," which may cause our actual results, performance or achievements to differ materially from the forward-looking

Forward-looking statements

Forward-looking statements typically are identified by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "project," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. Any or all of our forward- looking statements in this annual report may turn out to be inaccurate. Our actual results could differ materially from those contained in forward-looking statements due to a number of factors, including: political, economic and social risk inherent to conducting business in Peru; exchange rates, inflation rates and interest rates; the entry of new competitors into the market we serve; construction activity levels, particularly in the northern region of Peru; private investment and public spending in construction projects; natural disasters, such as floods and earthquakes affecting the northern region of Peru, and global events, such as public health crises and epidemics/pandemics and the worldwide effects thereof and responses thereto; availability and prices of energy, admixtures and raw materials; changes in the regulatory framework, including tax, environmental and other laws; the successful expansion of our production capacity; our ability to compete with potential substitutes of cement products that may be introduced in the Peruvian construction industry; our ability to maintain and expand our distribution network; international conflicts, such as the current one between Russia and Ukraine and Israel and Hamas, and the worldwide effects and responses thereto our ability to retain and attract skilled employees; and other factors discussed under "Item 3. Key Information—D. Risk Factors." The forward-looking statements in this annual report represent our expectations and forecasts as of the date of the filing of this annual report. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a re

IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS

ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS Not applicable.

OFFER STATISTICS AND EXPECTED TIMETABLE

ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE Not applicable.

KEY INFORMATION

ITEM 3. KEY INFORMATION A. [Reserved] B. Capitalization and Indebtedness Not applicable. C. Reasons for the Offer and Use of Proceeds Not applicable. D. Risk Factors Global Macroeconomic Conditions Global macroeconomic conditions may have an adverse effect on our business, financial condition and results of operations. Our operations and customers are located in Peru. As a result, our business, financial condition and results of operations, like those of most companies in Peru, may be adversely affected by the level of economic activity in the country. However, economic activity in Peru is significantly affected by global factors. The United States, China and Europe are important recipients of Peru's exports, and therefore a slowdown in one or more of these economies will affect Peru's economic activity. Further, natural resources exports, particularly mining, are the main source of income of the Peruvian economy, and therefore any reduction in demand and/or pricing for these exports will have a significant effect on economic activity in Peru, and hence could adversely affect the demand for our products. During 2023, world economic activity was affected by the continuing Russia-Ukraine war, as well as the war between Israel and Hamas, and by rising inflation rates. The world economy showed moderate growth, due in part to the dynamism of the economies of the United States and India, in spite of a sharp contraction in China and the unfavorable evolution of Europe. The global manufacturing sector remained stagnant during 2023, principally as a result of the lack of dynamism in global trade, particularly trade in goods, mainly due to the disruptions in maritime trade that raised transportation costs, particularly container shipping. Container shipping costs increased, in part, because the Panama Canal was affected by droughts, which led to restrictions and transportation delays. Separately, the attacks in the Red Sea area caused the major shipping companies

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