How did CPAC's earnings perform in Q3 2023 compared to previous quarters?

Pacasmayo Cement (CPAC) demonstrated an upward trend in net income over the past quarters, with Q3 2023 showing a slight improvement compared to the previous quarter.

1. **Q3 2023 Performance**: CPAC reported a net income of $12.16 million for Q3 2023.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CPAC|CPAC.N|Pacasmayo Cement|2022 Q4|-21.402290872769473|1.02186926203E7|169|
|CPAC|CPAC.N|Pacasmayo Cement|2023 Q1|-6.704919175707916|1.15670214154E7|169|
|CPAC|CPAC.N|Pacasmayo Cement|2023 Q2|-4.628132532569325|1.198179314838E7|169|
|CPAC|CPAC.N|Pacasmayo Cement|2023 Q3|9.559111578578326|1.21643364436E7|169|

2. **Comparison with Q2 2023**: The net income in Q2 2023 was $11.98 million. This indicates a slight increase in earnings from Q2 to Q3 2023, as the net income in Q3 2023 was $12.16 million compared to $11.98 million in Q2 2023.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CPAC|CPAC.N|Pacasmayo Cement|2022 Q3|9.010496039458467|1.110298930717E7|169|
|CPAC|CPAC.N|Pacasmayo Cement|2022 Q4|-21.402290872769473|1.02186926203E7|169|
|CPAC|CPAC.N|Pacasmayo Cement|2023 Q1|-6.704919175707916|1.15670214154E7|169|
|CPAC|CPAC.N|Pacasmayo Cement|2023 Q2|-4.628132532569325|1.198179314838E7|169|

3. **Comparison with Q1 2023**: Earnings in Q1 2023 were $11.57 million. The net income in Q3 2023 was higher than in Q1 2023, with $12.16 million compared to $11.57 million.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CPAC|CPAC.N|Pacasmayo Cement|2022 Q2|75.11509325262962|1.256323637835E7|169|
|CPAC|CPAC.N|Pacasmayo Cement|2022 Q3|9.010496039458467|1.110298930717E7|169|
|CPAC|CPAC.N|Pacasmayo Cement|2022 Q4|-21.402290872769473|1.02186926203E7|169|
|CPAC|CPAC.N|Pacasmayo Cement|2023 Q1|-6.704919175707916|1.15670214154E7|169|

4. **Comparison with Q4 2022**: CPAC's net income in Q4 2022 was $10.22 million. The earnings in Q3 2023 were significantly higher than in Q4 2022, with $12.16 million compared to $10.22 million.

In summary, CPAC's net income in Q3 2023 showed a positive performance, reflecting an improvement from the previous quarter (Q2 2023) and a significant increase from the quarter before that (Q4 2022).