Corporativo Fragua, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 27, 2022 at 11:08 am
Share
Corporativo Fragua, S.A.B. de C.V. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was MXN 23,756.64 million compared to MXN 20,160.58 million a year ago. Net income was MXN 762.75 million compared to MXN 613.07 million a year ago. Basic earnings per share from continuing operations was MXN 7.39 compared to MXN 6.03 a year ago. Diluted earnings per share from continuing operations was MXN 7.39 compared to MXN 6.03 a year ago. Basic earnings per share was MXN 7.43 compared to MXN 5.97 a year ago. Diluted earnings per share was MXN 7.43 compared to MXN 5.97 a year ago.
For the six months, sales was MXN 47,243.68 million compared to MXN 40,628.71 million a year ago. Net income was MXN 1,512.69 million compared to MXN 1,237.03 million a year ago. Basic earnings per share from continuing operations was MXN 14.69 compared to MXN 12.11 a year ago. Diluted earnings per share from continuing operations was MXN 14.69 compared to MXN 12.11 a year ago. Basic earnings per share was MXN 14.74 compared to MXN 12.06 a year ago. Diluted earnings per share was MXN 14.74 compared to MXN 12.06 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.