Blau Farmacêutica S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 12:27 am
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Blau Farmacêutica S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BRL 362.65 million compared to BRL 361.63 million a year ago. Net income was BRL 99.4 million compared to BRL 94.53 million a year ago. Basic earnings per share from continuing operations was BRL 0.56 compared to BRL 0.42 a year ago. Diluted earnings per share from continuing operations was BRL 0.56 compared to BRL 0.42 a year ago.
For the nine months, sales was BRL 985.16 million compared to BRL 1,040.21 million a year ago. Net income was BRL 222.13 million compared to BRL 268.39 million a year ago. Basic earnings per share from continuing operations was BRL 1.2502 compared to BRL 1.51 a year ago. Diluted earnings per share from continuing operations was BRL 1.2502 compared to BRL 1.51 a year ago.
Blau Farmaceutica SA is a Brazil-based company engaged in the pharmaceuticals sector. The Company focuses on the development, production and commercialization of medicines, which aim at treatment in the areas of oncology, nephrology, hematology and infectology, among others. Its product lines includes biopharmaceuticals, biosimilars, oncological - injectable, oncological - oral, blood products, antiviral and antiretrovirals, uterine stimulators, anaesthetics, antithrombotics, thrombolytics, female health care, antibiotics, non-beta lactams, cephalosporin, chloramphenicol, acid pumper inhibitor and other hospital products. The Company operates in Brazil, Argentina, Colombia, Peru, Uruguay, Chile and the United States, having a pharmaceutical industrial complex composed of five industrial plants, dedicated to the production of biological, biotechnological and oncological medicines, antibiotics, injectable anesthetics and biotechnological inputs.