Brazil's Raia Drogasil posts 48% increase in Q2 adjusted net profit

Reuters

Published Jul 29, 2022 05:27PM ET

(Reuters) - Brazilian pharmacy chain Raia Drogasil SA posted on Friday a 48% increase on its second-quarter adjusted net profit.

The company's profit rose to 343.746 million reais ($66.46 million)in the quarter.

Raia Drogasil also reported a second-quarter gross revenue of 7.641 billion reais, a 22.35% increase year-on-year.