Cementos Pacasmayo (NYSE:CPAC), the dominant building materials provider in northern Peru, reported a net loss for the fourth quarter of 2025 as one-time strategic expenses overshadowed a healthy rise in operational demand.
The company posted a net loss of $5.3 million (6 cents per diluted share), compared to a profit in the same period last year.
The quarterly loss was primarily driven by transaction-related expenses linked to the December 2025 announcement that Swiss building materials giant Holcim signed an agreement to acquire a 50.01% controlling stake in the company from the Hochschild Group.
Excluding these non-recurring costs, Pacasmayo noted that net income would have shown a double-digit percentage increase.
Despite the bottom-line pressure, revenue for the quarter rose to $165.3 million, supported by an 8.2% increase in sales volumes for cement, concrete, and precast products.
Demand was particularly resilient in the "bagged cement" segment and was bolstered by several large-scale infrastructure projects in the northern region of Peru.
For the full year 2025, the company maintained its profitability, reporting a net income of $43.3 million (51 cents per share) on total revenue of $593.9 million.