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Distribuidora Farmaceutica Ecuatoriana S.A. (DIFARE) (Ecuador)

Main Activities: Drugs and Druggists' Sundries Merchant Wholesalers
Secondary Activities: Pharmacies and Drug Stores
Full name: Distribuidora Farmaceutica Ecuatoriana S.A. (DIFARE) Profile Updated: November 03, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Spanish Download a sample report

Distribuidora Farmaceutica Ecuatoriana S.A. (DIFARE) is a group of Ecuadorian companies that are dedicated to the development of the pharmaceutical market in the country, specialising in the distribution and the supply of products for the local pharmacies. The company was established in 1987 in Guayaquil, Republic of Ecuador and it is a subsidiary of Holding Grupo Difare Cía. Ltda., also headquartered in Ecuador. In 1995 the company expands its operations and opens offices in Quito and Cuenca. The DIFARE Group has three business divisions: Distribution, Pharmacy Development and Product Representations. The Group is comprised of its own pharmacies and franchises under the trade names ¨Pharmacy´s¨, ¨Farmacias Comunitarias¨ and ¨Cruz Azul¨. Through strong partnerships with pharmaceutical laboratories, the Product Representations Division develops national and international brands, among which are Menticol, Mentol Chino, Lacteol, Cipran, among others. The business units through which it produces are: Pharma, OTC Consumption and Stein. The company has a technology company Desarrollo Integral de Soluciones Empresariales DIRES S.A., which aims to develop innovative solutions for the improvement of the corporate business. Likewise, DIFARE has integrated the ¨Neptuno¨ system in order to administer pharmacies. FEDIFARE, an Educational Foundation, was founded in 2004 with the purpose of offering academic programs for people working in the pharmaceutical sector.

Headquarters
Av. Rodrigo Chavez Solar 5, Edificio Corporativo I Bldg.
Guayaquil; Guayas;

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Website: http://www.grupodifare.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
May 25, 1987
Key Executives
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Executive President
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Vice President
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Vice President
Ownership Details
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99.54%
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0.46%
Subsidiaries
Company Performance
Financial values in the chart are available after Distribuidora Farmaceutica Ecuatoriana S.A. (DIFARE) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
4.08%
Total operating revenue
4.04%
Operating profit (EBIT)
15.5%
EBITDA
28.25%
Net Profit (Loss) for the Period
13.53%
Total assets
23.02%
Total equity
24.41%
Operating Profit Margin (ROS)
0.48%
Net Profit Margin
0.2%
Return on Equity (ROE)
-2.59%
Debt to Equity Ratio
20.92%
Quick Ratio
0.03%
Cash Ratio
-0.01%

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