Raia Drogasil S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 10:44 pm EDT
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Raia Drogasil S.A. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was BRL 4,469.774 million compared to BRL 4,225.493 million a year ago. Basic earnings per share was BRL 0.13553 compared to BRL 0.42011 a year ago. Net income was BRL 44.675 million compared to BRL 138.443 million a year ago. For the half year, total revenue was BRL 9,419.646 million compared to BRL 8,178.845 million a year ago. Basic earnings per share was BRL 0.50973 compared to BRL 0.68868 a year ago. Net income was BRL 167.996 million compared to BRL 226.946 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.
RAIA DROGASIL S.A. 
