Corporativo Fragua, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 03:13 pm EDT
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Corporativo Fragua, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 20,160.577 million compared to MXN 16,820.049 million a year ago. Operating income was MXN 1,188.066 million compared to MXN 884.679 million a year ago. Net income was MXN 613.069 million compared to MXN 425.497 million a year ago. Basic earnings per share was MXN 5.97 compared to MXN 4.15 a year ago. Basic earnings per share from continuing operations was MXN 6.03 compared to MXN 4.22 a year ago. For the half year, sales was MXN 40,628.714 million compared to MXN 34,324.280 million a year ago. Operating income was MXN 2,292.671 million compared to MXN 1,685.244 million a year ago. Net income was MXN 1,237.032 million compared to MXN 925.656 million a year ago. Basic earnings per share was MXN 12.06 compared to MXN 9.03 a year ago. Basic earnings per share from continuing operations was MXN 12.11 compared to MXN 9.17 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.