Corporativo Fragua, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 27, 2023 at 02:26 pm EDT
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Corporativo Fragua, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MXN 27,087.19 million compared to MXN 23,756.64 million a year ago. Net income was MXN 1,037.95 million compared to MXN 762.75 million a year ago. Basic earnings per share from continuing operations was MXN 10.09 compared to MXN 7.39 a year ago. Diluted earnings per share from continuing operations was MXN 10.09 compared to MXN 7.39 a year ago. Basic earnings per share was MXN 10.12 compared to MXN 7.43 a year ago. Diluted earnings per share was MXN 10.12 compared to MXN 7.43 a year ago.
For the six months, sales was MXN 53,530.61 million compared to MXN 47,243.68 million a year ago. Net income was MXN 1,971.37 million compared to MXN 1,512.69 million a year ago. Basic earnings per share from continuing operations was MXN 19.17 compared to MXN 14.69 a year ago. Diluted earnings per share from continuing operations was MXN 19.17 compared to MXN 14.69 a year ago. Basic earnings per share was MXN 19.21 compared to MXN 14.74 a year ago. Diluted earnings per share was MXN 19.21 compared to MXN 14.74 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.
CORPORATIVO FRAGUA, S.A.B. DE C.V. 
