Corporativo Fragua, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 26, 2021 at 10:39 am EST
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Corporativo Fragua, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 19,901.221 million compared to MXN 16,212.121 million a year ago. Operating income was MXN 1,180.583 million compared to MXN 683.372 million a year ago. Net income was MXN 596.629 million compared to MXN 515.715 million a year ago. Basic earnings per share was MXN 5.81 compared to MXN 5.03 a year ago. Basic earnings per share from continuing operations was MXN 5.76 compared to MXN 5.09 a year ago. For the full year, sales was MXN 73,313.615 million compared to MXN 61,884.200 million a year ago. Operating income was MXN 3,880.113 million compared to MXN 3,027.628 million a year ago. Net income was MXN 2,030.088 million compared to MXN 1,709.995 million 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.