Farmacias Benavides, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 01, 2021 at 04:41 pm EST
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Farmacias Benavides, 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 3,707.586 million compared to MXN 3,712.480 million a year ago. Operating income was MXN 103.475 million compared to operating loss of MXN 2.405 million a year ago. Net loss was MXN 3.100 million compared to MXN 122.900 million a year ago. For the full year, sales was MXN 13,868.742 million compared to MXN 13,910.635 million a year ago. Operating income was MXN 112.045 million compared to MXN 175.075 million a year ago. Net loss was MXN 278.182 million compared to MXN 136.699 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. 
