Raia Drogasil S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021 at 08:01 pm EDT
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Raia Drogasil S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was BRL 5,868.264 million compared to BRL 4,469.774 million a year ago. Net income was BRL 252.755 million compared to BRL 44.675 million a year ago. For the half year, total revenue was BRL 11,488.316 million compared to BRL 9,419.646 million a year ago. Net income was BRL 427.051 million compared to BRL 167.996 million a year ago.
Raia Drogasil S.A. specializes in the distribution of medicines, cosmetics and dermocosmetics, perfumery, personal care and beauty products. Net sales break down by family of products as follows:
- branded pharmaceuticals (42%);
- pharmaceutical additives (25.1%) ;
- OTC products (21.3%);
- generic pharmaceutical products (11.4%).
At the end of 2020, its products were marketed through a network of 2,299 pharmacies under the Drogasil (1,304) and Raia (995) brands in Brazil.