Compañía Minera Poderosa S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PEN 451.76 million compared to PEN 537.16 million a year ago. Net income was PEN 54.19 million compared to PEN 121.33 million a year ago. Basic earnings per share from continuing operations was PEN 0.09 compared to PEN 0.2019 a year ago.
For the six months, sales was PEN 928.46 million compared to PEN 1,034.9 million a year ago. Net income was PEN 138.73 million compared to PEN 215.4 million a year ago. Basic earnings per share from continuing operations was PEN 0.231 compared to PEN 0.3592 a year ago.