Brown’s Pharma Holdings plc reports consolidated financial statements for the year ended 31 December 2021

Published by
The Malta Business Weekly
  • Net Profit for the financial year of € 2,120,718, a 71.30 % increase over the € 1,238,041 registered in 2020
  • Revenue of € 31,159,505, a 26.65% increase on 2020
  • A Gross Profit margin of 33% versus 2020’s 29%
  • Net Cash generated from operating activities of € 3,836,259, an increase of 58% on 2020

Chief Executive Officer Alexander Fenech said, “Our year end results exceeded expectations, reflecting a strong operational performance as the Group benefitted from Malta’s gradual post-Covid return to normality. Credit goes to the Group’s management team, and our super-star frontliners and back-office crew for their unwavering commitment to serve our customers notwithstanding the difficult circumstances created by the pandemic.”

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

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