Alicorp S.A.A. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 02, 2023 at 12:59 pm EDT
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Alicorp S.A.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PEN 3,326.27 million compared to PEN 3,345.69 million a year ago. Net income was PEN 6.16 million compared to PEN 159.84 million a year ago.
Basic earnings per share from continuing operations was PEN 0.005 compared to PEN 0.186 a year ago. Diluted earnings per share from continuing operations was PEN 0.005 compared to PEN 0.186 a year ago. Basic earnings per share was PEN 0.005 compared to PEN 0.185 a year ago.
Diluted earnings per share was PEN 0.005 compared to PEN 0.185 a year ago.
Alicorp SAA is a Peru-based company engaged in the food processing industry. The Company operates through four business segments: Massive Consumption, Industrial Products, and Nutrition for Animals, and Others Services. The Companyâs activities include the production, packaging and distribution of a variety of oils, pastas, flour, cookies, sauces, instant soft drink powders, pet food and Omega-3 fatty acid, among others. It is also involved in the manufacture and sale of cosmetics, personal care and cleaning products. The Companyâs products are marketed nationwide, as well as exported to Chile, Bolivia, Colombia, Ecuador, Venezuela, Haiti, Guatemala, Costa Rica, the United States, the Dominican Republic, Nicaragua, Canada, Panama, Mauritius, Curacao, China, the Bahamas, Norway, Japan and Honduras.