Farmacias Benavides, S.A.B. De C.V. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 07:13 pm EDT
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Farmacias Benavides, S.A.B. De C.V. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was MXN 3,702.138 million compared to MXN 3,721.466 million a year ago. Operating income was MXN 142.477 million compared to MXN 130.400 million a year ago. Net income was MXN 54.454 million compared to MXN 32.384 million a year ago.
Farmacias Benavides SAB de CV is a Mexico-based company primarily engaged in the pharmaceutical and chemical industry. The Company operates a network of over 700 drug stores located nationwide under the Farmacias Benavides name. Through its network of drug stores, it sells a variety prescription and over the counter (OTC) medicines, cosmetics, personal and baby care products and toiletries, as well as it also provides such related services as laboratory samples, home delivery, prescription laboratory, online pharmacy and photo processing services. As of December 31, 2011, the Company owned such subsidiaries as Servicios Operacionales Benavides SA de CV, Benavides de Reynosa SA de CV and Servicios Logisticos Benavides SA de CV, and Fasa Investment Limitada which was its majority shareholder with 85.25% of its interest.
FARMACIAS BENAVIDES, S.A.B. DE C.V. 
