Thank you, Kate. Good morning, everyone. Joining me on the call today is Mr. Humberto Nadal, our Chief Executive Officer, and Mr. Manuel Ferreyros, 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. Mr. Ferreyros 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 will 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. Humberto Nadal. Thank you, Claudia. Welcome everyone to today's conference call. This quarter, cement shipments continued its very strong trend, reaching record revenues levels. Self-construction is still a main driver of this growth, but concrete sales have increased significantly this quarter. Year-on-year growth of concrete sales was 73% with a very solid margin of 12%. We're looking at quarter-on-quarter results, there is still substantial growth of 21.2%. Furthermore, if we look at margins, there has been an outstanding increase of 8.2 percentage points. The main driver of this growth in both volumes and margin comes from the demand from reconstruction-related projects, which should continue at least for the next 18-24 months. The exponential growth we have experienced this year could not have been foreseen. If we compare cement shipments year to date to the same period of 2019, which I may say was already a record year, the growth rate is almost an incredible 40%. Because of this, for almost a year now, we have been using some imported clinker, along with our own clinker, in order to produce all of the cement that is demanded in our area of influence by all of our clients. We have successfully used a similar strategy while building our new capacity in Piura around seven years ago. However, current market conditions are different in many ways, making it less profitable today to use imported clinker. Freight prices have gone up significantly, in turn increasing the cost of importing clinker, and experts agree that this situation is unlikely to change in the short to medium term. This situation led us to reevaluate our current strategy and to think outside the box. Since the original plan of investing in a kiln for Pacasmayo was too costly and would take too long considering the pressing need. This is why, after careful evaluation, we have decided to invest approximately $70 million to build an additional 600,000 tons of clinker per year capacity, effectively eliminating the need to use imported clinker, if demand remains similar to what it is today. We believe this project is the best alternative given current market conditions, since it optimizes our current capacity, making the Pacasmayo plant a more balanced one in terms of clinker-cement production capacity, and it delivers results in approximately 18 months, which is much shorter than our original plan, which was closer to 40 months. We are absolutely confident that this investment will be very profitable for the company, and it ratifies our commitment and confidence in the development of the country. Finally, I would like to talk briefly about our new hybrid work model. This pandemic has made us innovative, fast-track processes that were already underway and rethink many others. Most of our administrative staff has been working from home since March 2020. Throughout this period, we have been constantly in touch with our people and their needs. Following these wishes and needs, and considering the improvement in COVID-19 numbers and the advance of vaccination process in Peru, we decided to implement the hybrid work model since October. We have carefully, extremely carefully, put in place all of the necessary safety protocols in order to ensure a safe, voluntary return to the office. We believe a work-life balance is crucial to overall well-being and has a direct repercussion on productivity. Happy people come for great results. The social interaction that happens at the office is part of this balance that has been missing for over a year. The purpose of this return is to reconnect, promote our culture, and to generate greater value for our clients and the company. We are aware that there will be much to learn and adjust to during this process, but are confident that it's another step towards our purpose to build together the future we dream of. I will now turn the call over to Manuel for a more detailed analysis of the financial results. Thank you, Humberto. Good morning, everyone. Third quarter 2021 revenues were PEN 507.2 million, a 24.5% increase when compared to the same period of last year, mainly due to the continued increase in cement sales volume, as well as increased sales volume of concrete this quarter and an increase in price of both cement and concrete in line with inflation. Gross profit increased 13.2% compared to the third quarter of 2020, mainly due to increased revenues. Consolidated EBITDA was PEN 117.3 million in the third quarter, a slight decrease when compared to the third quarter of 2020, mainly due to the increased cost derived from the use of imported clinker, as well as higher expenses. During the third quarter of 2020, there were significant budget constraints as we recovered from the effect of the lockdown and halt in commercialization. EBITDA margin for the third quarter was twenty-three point one percent, a two point seven percentage points increase compared to the previous quarter. During the nine months of 2021, the revenues increased 72.1%, and gross profit increased 76.7% when compared to the nine months of 2020, mainly due to the increase in sales as well as above-mentioned halting operations from mid-March to mid-May in 2020. Turning to operating expenses, administrative expenses for the third quarter of 2021 increased 40.4% compared to the same period of last year that was 32.1%. Mainly due to increase in workers' profit sharing in line with increased income tax base, as well as increased third-party services, mainly COVID-19-related expenses to comply with protocols to ensure the safety of our workers, software and licenses, training, and workers' compensation. As mentioned above, administrative expenses during the third quarter of 2020 were very low since we had implemented budget restrictions during 2020 after the halt in production and commercialization. During the nine months of 2021, administrative expenses increased 32.1% when compared to the nine months of 2020, mainly due to the increased sales, as well as savings implementation during the nine months of 2020 to offset the negative effects of the halting operations. Selling expenses increased 51.1% in the quarter compared to the same period of last year, and 35.7% in nine months of 2021 compared to the same period of last year, mainly due to an increase in variable salaries and advertising and promotion in line with increase in sales. Moving on to the different segments, cement, concrete, and precast sales increased 27.3% during the third quarter of 2021 compared to the same period of 2020, mainly due to the increase in sales of bagged cement and concrete, as well as increased prices for both of these. Gross margin decreased 3.5 percentage points in the third quarter of 2021 when compared to the same period in 2020, mainly due to a decreased cement margin because of the use of imported clinker. During the nine months of 2021, sales of cement, concrete, and precast increased 74.5%, and gross margin increased 0.6 percentage points, mainly due to increased sales and the halt in commercialization during the second quarter of 2020. Sales of cement increased 23.2% in the third quarter compared to the third quarter of 2020, mainly due to increased shipments of bagged cement as demand in the North continued booming during this quarter, as well as price increase in line with inflation. Gross margin decreased 3.2 percentage points, mainly due to the need of using imported clinker to satisfy the outstanding levels of cement demand. During the nine months of 2021, sales of cement increased 72.5%, and gross margin remained in line when compared to the same period of last year, mainly due to the increased sales of construction during 2021, as mentioned above, as well as the halt in production and commercialization mentioned before. During the third quarter of 2021, concrete and pavement sales increased 72.8%, and gross margins increased 3.4 percentage points, mainly due to higher sales volume and higher prices, both as a result of demand for construction-related projects. In terms of pricing, during this quarter, we also decided to slowly but persistently increase prices since they were at a low point after the lockdown in 2020 and the slow recovery afterwards. This alongside higher prices for a more complex type of cement for construction projects has allowed for the significant margin expansion, which we are confident will be sustainable for at least next month. During the third quarter of 2021, precast sales increased 15.8% compared to the same period of last year, and 23.8% in the nine months of 2021 compared to the same period of previous year, mainly due to increased sales of light precast products such as blocks and pavement for construction-related projects. Gross margin during the third quarter of 2021 decreased 12.3 percentage points, mainly due to sales mix as we sold higher margin products during the third quarter of 2020. However, gross margin during the nine months of 2021 increased 5.2 percentage points. During the third quarter of 2021, Quicklime sales decreased 12.2%, mainly due to increased demand in the first part of the quarter, partially offset by higher sales towards the end, which will continue during the fourth quarter of this year. During the nine months of 2021, Quicklime sales increased 8.1%, mainly due to higher sales volume. Gross margins remained flat in the third quarter of 2021 and nine months of 2021 when compared to the third quarter and nine months, respectively, of 2020. During the third quarter of 2021, construction supply sales were in line with the same period of last year. Gross margin decreased 3.1 percentage points in the third quarter of 2021 compared to the same period of the past year, mainly due to the exchange rate effect that affected the cost of imported material such as the steel bars. During the nine months of 2021, construction supplies sales increased 66.3% compared to nine months of 2020, mainly due to unusually low sales during the second half of last year. In terms of debt, our net debt to EBITDA ratio is 2.6 x, which is a level we feel very comfortable at. During this quarter, we obtained a syndicated loan between Banco de Crédito and Scotiabank with a nine-year maturity in this currency of soles at a rate of 5.82% per year. With this bank, we will pay the short-term bank loans, and the contract also includes the funds to pay the international bonds due 2023. We believe that given the situation, this operation has been an absolute success, both in terms of the rate and the term. In this way, we have secured the funds to pay our short-term debt, the remainder of the bonds. We believe that we therefore have an optimal financial structure to face uncertain times. To summarize, this quarter results shows resilience in volumes despite political uncertainty. We are convinced that our decision to expand, to optimize capacity is the best possible during these times, and that we will soon reap the benefit in terms of profitability. Can we now please open the call to questions? Thank you. Ladies and gentlemen, the floor is now open for questions. If you have any questions or comments, please press star one on your phone at this time. We do ask that if you are listening via speaker phone, to please pick up your handset for optimum sound quality. Once again, if you have any questions or comments, please press star one on your phone now. Our first question today is coming from Adrian Huerta at JP Morgan. Your line is live, you may begin. Hi, Manuel and Humberto, congrats on the results. Quick question on margins. We saw the gross margins for cement at almost 35%. What was the margin on imported clinker during the quarter? If this higher freight cost already impacted the cost of imported clinker during the quarter, or should we expect increased costs on imported clinker in the fourth quarter versus this quarter? Hello there. How are you? Yes. What we've used this third quarter of 2021 is a little bit more than 100,000 tons of clinker. This has impacted in around, I would say, PEN 50 million in this quarter. For the fourth quarter, we expect a similar consumption of around 113,000, and the cost will be very similar to the third quarter. The over cost, no? The PEN 50 million is what? The cost of the imported clinker? Yes. The excess cost of imported clinker. Versus the clinker that you produced? That's right, yes. The higher freight cost that we're seeing over the last couple of months, should we continue to see this cost on a per ton basis to increase in the fourth quarter? This is Humberto. How are you? Hi, Humberto. According to the information we have, I mean, we should not see any more increases in price during this coming quarter. Okay. Thank you. If I may ask another question on demand, what percentage of your volumes year to date you think are attributed to the reconstruction efforts? Around 10%. 10%. Perfect. I mean, what I'm trying to say is that. Thank you, Manuel and Humberto. We ask again. Yeah. If I may elaborate, I mean, the strong demand is fundamentally based on self-construction. That's why we are so optimistic towards the future. I mean, granted, our reconstruction G2G government spending is important, but I mean, self-construction is what really is moving the demand so high up. Are you guys seeing remittances growing strongly in Peru? I don't have the information on that, but the one thing I may tell you is when we came back from pandemic toward the end of last year, we conducted a very extensive in-depth analysis of why was demand so high, because we were surprised by it when we reached 300,000 tons per month. We were concerned it was related maybe to government bonds or some kind of help due to the pandemic. Surprisingly, when we asked the people, I mean, people that were building or the people that were thinking about building over the next 45 days, how were they financing the investment, only 4% said that it was thanks to some help from the government. Almost 80% said that with their own money, and only around 10% said they were borrowing the money. I mean, the base of the demand was basically the wealth of these people. Yeah, because I'm not sure how relevant the remittances is in Peru, but at least in Mexico and in the Caribbean, they're quite relevant, and remittances are growing at 20% this year, and they were also up strongly last year. That's what has been driving bagged cement in this country. I wonder how important remittances is in Peru, but I have no idea. Okay. Thank you. Adrian, I mean, if I might talk about remittances, they are not as important as they are in Ecuador or Mexico or other countries. I mean, here what we are seeing is that the north part of Peru has a condition of full employment, and it has had that condition over the last 18 years, thanks to the agriculture going very strong, fishing going very strong, building going very strong. I think the base here, and if I double-click on that answer of the 80% of people of their own money, very few mentioned that this money was based on remittances. They all said it was based on the money they were being able to save because they were fully employed. Thank you, Humberto. Nice to hear from you, Adrian. Take care. Thank you. Once again, ladies and gentlemen, if you have any questions or comments, please press star one at this time. Our next question today is coming from Francisco Suarez at Scotiabank. Your line is live. You may begin. Thank you so much. Congrats on the results, and apologies if I missed the earlier remarks. The question that I have is that related with your expansion on Pacasmayo, on the Pacasmayo plant. It seems that $70 million it seems to be a low-priced investment. What I want to understand is I think that you might be considering an expansion that will not consider a new grinding unit. Perhaps if you can elaborate a little bit on the tons per day capacity of clinker of that new line. Thank you so much. Sure. Sure, Francisco. Very good question. When we talk about our three plants, if we talk about Piura or plant in the jungle, these are plants that have pretty tight balance between grinding of raw materials, clinker production, grinding of cement, and dispatches. Not the case of Pacasmayo. Pacasmayo has been growing over the last 30 years, where there were some cement capacity added. What we have today was a very unbalanced plant. What we're doing basically is adding only clinker capacity. Why? Because we have enough raw material grinding, and we have enough cement grinding. What we're doing is upgrading with a kiln that's gonna produce 2,000 tons per day. That means 600,000 tons per year. With this, we're gonna raise the usage of raw grinding to 100%. We'll have a very level plant. That's why investment seems apparently so low if you compare to, you remember, the $366 million of Piura. Piura was a complete greenfield. Here, this is why this decision makes so much sense because it's a limited amount of around $70 million, and the payback is very, very quick. Why? Because we're only adding the capacity we need. Now we'll have a line that is 100% in usage of raw grinding. It's gonna be 100% in usage of clinker, and we still have some spare capacity in cement grinding, which is always important in towards the market. That's the rationality behind the decision. That's perfectly clear. Thank you for that. Now, a follow-up on Adrian's questions on the cost structure. What can you tell us on the slag costs that you are experiencing at the moment and coal prices as well? If you can answer this question, and connect the dots between what is the level of inventories that are relatively low, at low cost in your books, compared to the additional inventories that you need to purchase on the spot prices now? Yeah. I mean, what we have seen over the last five months is a dramatic increase in the freight cost. I mean, this is a world phenomenon. I mean, when we started importing clinker right after the pandemic, we were talking about $70 for the clinker already, around $70 for importing clinker. That has gone up almost by $30-something over the last months. That's what really pushed us also to make this decision of building the additional kiln. I mean, what we are hearing from the people that are the experts in terms of price, they say that these prices will not go lower in the coming not only months, but in the coming years. They think it'll level where they are, they don't think they're gonna keep increasing. Like Manuel answered to Adrian's question, I mean, what were the prices at which we're importing clinker right now and the excess we're paying for every ton compared to our own clinker, that should remain the same over the coming months. And hopefully, will remain the same till we get our new capacity 18 months from now. Yeah, if you can elaborate on the cost of slag as well and coal? I mean, let me clarify on the question because you asked about inventory. When I say that the clinker prices are gonna remain the same, this applies to the future acquisition of clinker. That's very important to clarify. In terms of the slag and coal, once again, all of these are being impacted by freight costs that are being increased. Of course, I mean, depending where we bring the slag from and the coal will be from Colombia, that's gonna be impacted by the same freight phenomenon. Manuel? Francisco. Hello, good morning. What you have to consider the Good morning. 88% of the total coal that we use o ur anthracite coal that we buy locally. We have some impact of the cost of diesel, but we don't have the major impact of the vessels. Perfect. Thanks so much. Congrats again. Thank you. Thank you. Thank you. Thank you. We have no further questions in the queue at this time. I will now turn the floor back over to Humberto Nadal for closing remarks. Thank you. Thank you. So I wanna thank everybody for joining today in the call. Indeed, the past year and a half has been extremely challenging for everyone on a worldwide basis. In our case, it has pushed us to adapt much quicker than we were used to, absolutely think outside the box on a permanent basis and learn to operate in very uncertain ground. Decision-making in this condition clearly is uncertain. I t's not easy at all. Success, we strongly believe, stems from very brave decisions. We are very confident the decision to commit to our country's long-term development and invest to expand and optimize our current reserve capacity will bring significant returns in the near future and will consolidate Pacasmayo's leading position in our region. With that being said, thank you everyone. As always. We have some follow-up questions. I think there's some follow-up questions. We do have two follow-up questions in queue. The first is coming from, once again, from Adrian Huerta. Your line is live. Thank you. Just to go back on the excess cost on the clinker that you bought in the quarter, PEN 50 million, 100,000 tons of clinker. I was just doing the math, and that's around $130 per ton US dollars. Can you just clarify on that, Manuel, please? One second, please. No, that's an over cost of $30 per ton, Adrian. PEN 15 million. If you divide it in four and over 115,000, it's $30 extra cost per ton for the third quarter and fourth quarter of this year. Did you say, PEN 50 million? PEN 15 million, yes. PEN 15 million. Ah, one, five. Uh- That's right, yeah. One- PEN 15 million. Ah. I must apologize for my- It was 15. Sorry. Okay. Perfect. Excellent. Thank you. That was clear. An additional $30 per ton during this quarter and next quarter. Next year Yeah. Prices will go a little higher. Excellent. Thank you. Thank you. Our next question is a follow-up from Francisco Suarez. Your line is live. Apologies for the follow-up question. Regarding prices. First of all, congrats for passing that extra cost to the final consumer. The question is how risky it might be to continue pushing for higher price hikes, in the sense of potentially attracting shipments from your competitors within Peru? I know that your import parity prices has actually, it gives you a leeway to do that. Do you see any risk on increasing further prices? Francisco, this is Humberto. I think we have successfully read the market over the last almost 60 years. You should remain confident we will continue to do so. Okay, got it. Lastly, on when we see the shipments on northern Peru, now we see that the total share of shipments to the total country, based on the information that you share with your press release, is roughly 27% of total shipments, which is actually quite high compared to the past 10 years or so. Do you think that, in other words, that the overall conditions related with the reconstruction efforts in Peru, as you mentioned, the overall trends that you see that are driving such construction linked to the agriculture, fisheries and so on, that will be enough to keep that level of demand as it is now? Yes. I think, Francisco, the key thing, and you just mentioned, is full employment. I think, the north of Peru is an example of how a country when all the investments and the qualified people and people working very hard are there, you reach important levels of employment. You have three cities that have over 1.something million people. Growth is there. I think you are at 27% of sales. The national dispatches should remain because those conditions are prevailing in the north. Happily, as a Peruvian, I must say that they are not prevailing in the south or Lima. Got it. Of course, penetration is relatively low, isn't it? I mean, the kilograms consumed per capita are really low despite of the rising demand. I think more than really, really low, and I think we discussed this in the past. When you go into per capita, you have to divide per capita for housing and per capita for infrastructure. I think the per capita for housing is rising constantly over the last years, but the per capita in terms of infrastructure, that one is really, really low. In the end, it will bring the whole average very to a lower level. I think the per capita for housing is okay, but the per capita for construction is disappointingly low. Perfectly understood. Thank you so much. Thank you. Thank you. If there will be any final questions or comments, please press star one now. We have no final questions in the queue. Mr. Nadal, do you have any final comments? No. Like I said before, I mean, I reiterate that we are very confident to the decision that we have taken last Friday about this new investment. We have been here for decades, and we are always very optimistic about the future of our country. We are absolutely sure that we will follow a growth path in the coming years. Pacasmayo will be a permanent part of history of this country. Thank you very much. As always, we're always here if you have any further questions. Have a great day. Thank you, ladies and gentlemen, this does conclude today's event. You may disconnect at this time and have a wonderful day. Thank you for your participation.