Corporativo Fragua, S.A.B. De C.V. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 30, 2021 at 03:09 pm EDT
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Corporativo Fragua, S.A.B. De C.V. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was MXN 20,468.137 million compared to MXN 17,504.231 million a year ago. Operating income was MXN 1,104.605 million compared to MXN 800.565 million a year ago. Net income was MXN 623.963 million compared to MXN 500.160 million a year ago. Basic earnings per share was MXN 6.08 compared to MXN 4.88 a year ago. Basic earnings per share from continuing operations was MXN 6.07 compared to MXN 4.95 a year ago.
Corporativo Fragua SAB de CV is a Mexico-based company primarily engaged in the drug retail sector. The Company operates a network of pharmacies under the SuperFarmacia brand name. The Company focuses on selling medicaments and medical devices. Its products range also includes grocery, exercise machines, perfumes, houseware, flatware, electronics, personal care products, toys and photographic equipment, among others. The Company offers photo printing and restoration, as well as printing custom calendars, cups and photo albums. The Company operates through a number of subsidiaries, such as Farmacia Guadalajara SA de CV, Fotosistemas Especializados SA de CV, Organizacion de Vigilancia Comercial SA de CV and Operadora SFG S de RL de CV.