Corporacion Aceros Arequipa S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was PEN 1,328.65 million compared to PEN 1,448.81 million a year ago. Net income was PEN 11.19 million compared to PEN 101.93 million a year ago.
For the full year, sales was PEN 5,342.68 million compared to PEN 5,186.27 million a year ago. Net income was PEN 242.36 million compared to PEN 712.37 million a year ago. Basic earnings per share from continuing operations was PEN 0.225 compared to PEN 0.66 a year ago.