Corporativo Fragua, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 26, 2023 at 11:58 am EDT
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Corporativo Fragua, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 27,251.34 million compared to MXN 24,450.87 million a year ago. Net income was MXN 1,212.49 million compared to MXN 826.03 million a year ago. Basic earnings per share from continuing operations was MXN 11.64 compared to MXN 8.02 a year ago. Diluted earnings per share from continuing operations was MXN 11.64 compared to MXN 8.02 a year ago. Basic earnings per share was MXN 11.82 compared to MXN 8.05 a year ago. Diluted earnings per share was MXN 11.82 compared to MXN 8.05 a year ago.
For the nine months, sales was MXN 80,781.95 million compared to MXN 71,694.55 million a year ago. Net income was MXN 3,183.87 million compared to MXN 2,338.71 million a year ago. Basic earnings per share from continuing operations was MXN 30.81 compared to MXN 22.71 a year ago. Diluted earnings per share from continuing operations was MXN 30.81 compared to MXN 22.71 a year ago. Basic earnings per share was MXN 31.03 compared to MXN 22.79 a year ago. Diluted earnings per share was MXN 31.03 compared to MXN 22.79 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. 
