Market News


FARMACEUTICA REMEDIA SA - RMAH

H1 2022 report

Release Date: 8/11/2022 6:30:17 PM

IRIS Code: 4A042

                                                 

Current report

according to ASF Regulation no. 5/2018

Report date:

11.08.2022

Name of issuer:

Farmaceutica REMEDIA S.A.

Registered office:

Deva, no. 2, Nicolae Balcescu Blvd

Tel/ fax no:

+40 254 22 32 60 / +40 254 22 61 97

ORC no:

2115198

Trade Registry no:

J20 / 700 / 1991

Subscribed and paid-in capital:

LEI 9.548.082

Regulated market:

Bucharest Stock Exchange, Standard Category

Important events to report:

RELEASE

 

The Board of Directors of Farmaceutica REMEDIA S.A. informs that the Report for the 1st Semester of 2022 - the full version - is available on its own website http://www.remedia.ro/en/investors-2-2/company-financials/  and in the link from the IRIS platform, below.

During 01.01.2022 – 30.06.2022, the commercial company Farmaceutica REMEDIA S.A. recorded the following consolidated financial results:

 

Crt.

No.

Indicator

Realisations Jan-June 2022 (Lei)

Realisations Jan-June 2021 (Lei)**

Evolution 2022/2021

 (%)

1.

Net sales of goods *

255.335.849

217.017.742

15%

2.

Other operating revenues

4.534.167

2.617.812

42,3%

3.

Total operating income

259.870.017

219.635.554

15,5%

4.

Total operational costs *

255.260.227

214.558.867

15,9%

5.

Operating result

4.609.790

5.076.687

-10,1%

6.

Financial result

-160.729

-57.801

-64%

7.

Gross result

4.449.060

5.018.886

-12,8%

* Including trade discounts granted/received

 

 

The economic - financial indicators on 30.06.2022 are presented in the following table:

LIQUIDITY AND WORKING CAPITAL

Farmaceutica REMEDIA SA

Farmaceutica REMEDIA Distribution & Logistics SRL

Pharma Expert Spedition SRL

Current liquidity                                               (Current assets / Current debts)

1,59

1,06

0,43

Current assets

18.458.186

207.303.654

776.962

Current debts

11.623.656

195.768.024

1.805.495

Degree of indebtedness                                (Borrowed capital / Equity x 100)

0,00%

0,00%

0,00%

Borrowed capital

0

0

0

Equity

51.174.398

11.939.443

408.145

Turnover speed for client debit items (Average customer balance /turnover *180)

64

100

70

Average customer balance

3.768.728

138.938.374

701.400

Net turnover

10.563.893

250.685.204

1.805.495

Turnover speed of stocks (average stock/ net COGS)*180

56

30

-

Average stock

2.446.449

38.159.183

-

COGS net

7.925.224

230.194.093

-

*including financial leasing

Notes:

1) Current liquidity – the indicator level reflects a good payment capacity, therefore a reduced risk for creditors in case of FR, certifying that the company is able to cover their short-term debts based on receivables and cash availabilities. The indicator evolved positively.

2) Degree of indebtedness expresses the effectiveness of credit risk management, indicating potential financing, liquidity problems, with influences in honouring the assumed commitments. In the case of these companies there is no risk. In the calculation of this indicator, the borrowed capital includes both bank loans and debts from financial leasing.

3) Turnover speed for client debit items expresses company effectiveness in collecting its receivables, respectively the number of days until the date on which debtors pay their debts to the company. Considering the dynamics of sales and the specifics of receivables in the distribution of medicines, we consider that the value of the indicator is normal for the companies, under the given conditions.

4) The value of the indicator No. of days of storage can be considered to be in line with the specific activity.

 

Chairman of the Board of Administrators,

 

 

TARUS” – Valentin Norbert TARUS e.U.



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