Farmaceutica REMEDIA S.A. Announces Consolidated and Unconsolidated Earnings Results for the Year Ended December 31, 2018
March 24, 2019 at 04:58 pm EDT
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Farmaceutica REMEDIA S.A. announced consolidated and unconsolidated earnings results for the year ended December 31, 2018. For the year, on consolidated basis, the company reported net turnover was RON 464,043,563 against RON 351,225,960 a year ago. Total operating income was RON 465,832,565 against RON 353,104,076 a year ago. Operating result was RON 3,717,073 against RON 4,603,301 a year ago. Total income was RON 465,988,617 against RON 353,468,920 a year ago. Basic earnings per share of RON 0.0287 per share against RON 0.0355 a year ago. Incomes from the sale of merchandise was RON 463,200,718 against RON 351,354,340 a year ago.
For the year, on unconsolidated basis, the company reported net turnover was RON 99,034,548 against RON 90,661,306 a year ago. Total operating income was RON 100,610,318 against RON 92,314,998 a year ago. Operating result was RON 130,678 against RON 887,742 a year ago. Total income was RON 102,681,899 against RON 93,007,605 a year ago. Basic earnings per share of RON 0.0202 per share against RON 0.0122 a year ago. Incomes from the sale of merchandise was RON 463,200,718 against RON 351,354,340 a year ago.
Farmaceutica Remedia SA is a Romania-based company principally engaged in the operation of pharmacies. The Company is active in the marketing, import and distribution of drugs. Additionally, it sells packing materials for pharmaceutical industry. The company operates approximately a network of 100 pharmacies and drugstores placed in Alba, Arad, Bucharest, Calarasi, Cluj, Dambovita, Dolj, Giurgiu, Hunedoara, Ilfov, Sibiu, Timis and Tulcea. Farmaceutica Remedia also operates eight logistic centers in Bucuresti, Deva, Brasov, Craiova, Iasi, Pitesti, Sibiu, Tg. Mures and Timisoara. The Companyâs major shareholders are Tarus Valentin-Norbert, which owns 66.06% of shares, and AHG Vermogensverwaltungs GmbH Cottbus with 16.5%.
FARMACEUTICA REMEDIA S.A. 
