Farmacias Benavides, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 27, 2021 at 04:23 pm EDT
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Farmacias Benavides, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 3,531.298 million compared to MXN 2,952.973 million a year ago. Operating income was MXN 85.012 million compared to operating loss of MXN 20.181 million a year ago. Net loss was MXN 37.917 million compared to MXN 81.815 million a year ago. For the half year, sales was MXN 7,233.436 million compared to MXN 6,674.439 million a year ago. Operating income was MXN 227.489 million compared to MXN 110.219 million a year ago. Net income was MXN 16.537 million compared to net loss of MXN 49.431 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. 
