Peruvian cement producer Cementos Pacasmayo posted a 73.5 mln Peruvian soles (US$22.6m) net profit for 2004, up 26 per cent year-on-year, Pacasmayo said on February 15, 2005.  Pacasmayo’s net sales stood at 303.4 mln soles (US$93m) in 2004, compared to 266.1 mln soles (US$81.7) in 2003. The cost of sales rose to 131.5 mln soles ($40.4m) in 2004 from 99 mln soles ($30.4m) a year earlier.