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10/29/2025
Good day, ladies and gentlemen. Welcome to PAKA Smile 3rd Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode and please note that this call is being recorded. At the conclusion of our prepared remarks, we'll conduct a question and answer session. I would now like to introduce your host for today's call, Mrs. Claudia Bustamante, Investor Relations Managing Director. Ms. Bustamante, you may begin.
Thank you, Rafael. Good morning, everyone. Joining me on the call today is Mr. Humberto Nadal, our Chief Executive Officer, and Ms. Eli Hayashi, our Chief Financial Officer. Mr. Nadal will begin our call with an overview of the quarter, focusing primarily on our strategic outlook for the short and medium term. Ms. Hayashi will then follow with additional commentary on our financial results. We'll then turn the call over to your questions. Please note that this call would include certain forward-looking statements. These statements relate to expectations, beliefs, projections, trends, and other matters that are not historical facts and are therefore subject to risks and uncertainties that might affect future events or results. Descriptions of these risks are set forth in the company's regulatory filings. With that, I'd now like to turn the call over to Mr. Indeco Harris.
Thank you, Claudia. Welcome everyone to today's conference call and thank you for joining us today. I would like to start with a quick overview of our results for the quarter. We continue to see solid momentum in sales volume with a 9% increase compared to the same period of last year. These goals were driven mainly by stronger demand from infrastructure projects and a consistent performance in the self-construction segment. Cost profit increased by 14.4%. reflecting the impact of our ongoing efforts to improve cost efficiency and service and profitability. These efficiencies transfer in the bottom line growth, as net income also increased 14.4% this quarter, reaching $71.5 million solid this quarter, and a very solid accrued growth of 15.6% for the first three months of this year. Moving on to the progress of our strategy, we continue to be at the forefront when it comes to advancing innovative building solutions. developing those that promote more efficient, safe, and sustainable construction. A prime example of this is an industrial hangar that integrates prefabrication and beam methodology, technologies identified by the World Economic Forum as having the greatest transformative potential for our industry. This strong combination allows us to significantly reduce execution times, ensure operational and community continuity, and minimize waste and strengthen the safety of our teams. In the same spirit of innovation and collaboration, we are working closely with Newmont and Bechtel Corporation in the construction of a water treatment plant at the Yanacocha operation. Treating acidic water in mining is essential for environmental sustainability, helping maintain a balance between economic development and responsible use of natural resources. By ensuring proper water management, we not only reduce environmental impact, but also preserve resources for future generations. Both of these projects are clear examples of how we are adapting our products and services to meet current and future demand. Always, and I stress, always with a client-centric view and aligned with our purpose. Our reputation is not built on words, but on actions. And this year, we once again demonstrated our consistency and purpose truly make a difference. For a third consecutive year, we proudly ranked among the top ten companies in the Merkle Corporate Reputation Ranking. a recognition that affirms our commitment to responsible, transparent, and always ethical management. Reputation, after all, is simply the result of what we do every day. We're confident that these positive results are only the beginning, that the momentum we've built will continue to strengthen in the coming quarters, because ultimately, our long-term success stems from a simple conviction, doing what's right for our clients, our communities, especially for our country. I will now turn the call over to Eli to get into a more detailed financial analysis.
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