Corporativo Fragua, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 12:02 pm EDT
Share
Corporativo Fragua, S.A.B. de C.V. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was MXN 23,487.04 million compared to MXN 20,468.14 million a year ago. Net income was MXN 749.94 million compared to MXN 623.96 million a year ago. Basic earnings per share from continuing operations was MXN 7.3 compared to MXN 6.07 a year ago. Diluted earnings per share from continuing operations was MXN 7.3 compared to MXN 6.07 a year ago. Basic earnings per share was MXN 7.31 compared to MXN 6.08 a year ago. Diluted earnings per share was MXN 7.31 compared to MXN 6.08 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.