Siderperu stock stood near its 52-week high after profit growth

Published on 10/07/2026 at 05:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siderperu stock posted PEN 598.637 million in quarterly revenue on July 31, 2026, down from PEN 633.236 million. BCP granted a USD 185 million green line.

Siderperu, PEP531001001, Illustration mit AI erstellt.

Siderperu (PEP531001001) was last at PEN 3.280 on the BVL on September 30, 2026, placing the stock 1.5 percent below its 52-week high of PEN 3.330. The price sits near the top of its PEN 1.600 to PEN 3.330 yearly range, while the company enters the latest reporting cycle with higher quarterly profit but lower sales.

Profit rises as revenue declines

Investing.com lists quarterly results for the period ended July 31, 2026, with revenue of PEN 598.637 million and net income of PEN 58.607 million. Revenue fell from PEN 633.236 million in the comparable prior period, a decline of 5.5 percent.

The earnings comparison is more favorable: net income increased from PEN 51.383 million to PEN 58.607 million, a rise of 14.1 percent. The figures point to a sharper earnings contribution from each unit of sales, although the revenue trend remains the central operating issue for the steelmaker.

Green credit supports scrap purchases

On September 22, 2026, Banco de Credito del Peru granted Siderperu a green credit line of up to USD 185 million for buying metal scrap, according to El Comercio. Scrap is the main input for Siderperu steel production, so the facility links financing directly to the company's raw-material needs.

The same report describes the operation as part of Siderperu's circular production model. The company processed recycled scrap into steel for construction and industrial customers, giving the financing an operating purpose beyond a general credit facility.

Stock remains near yearly high

For investors, the key contrast is visible in the numbers: the share price remains 1.5 percent below the 52-week high, while quarterly revenue is 5.5 percent below the comparable period and net income is 14.1 percent higher. That combination makes margin conversion and the use of the new credit line important markers for the next company update.

TradingView identifies the issuer as Empresa Siderurgica del Peru SAA, with ticker SIDERC1 on the BVL and an ISIN of PEP531001001. The platform classifies the business in the steel industry within the non-energy minerals sector.

Stock price stays at PEN 3.280

Siderperu stock was last at PEN 3.280 on the BVL on September 30, 2026. Its PEN 1.600 to PEN 3.330 52-week range places the latest quoted level 1.5 percent below the upper end.