Australia’s Largest Pharmacy Brand Reels in Massive Profits Over Pandemic Years

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Signage is seen at the Chemist Warehouse store, at The Grove Liverpool shopping site, in Sydney, on Dec 2, 2021. AAP Image/Bianca De Marchi

By Henry Jom

10/21/2022Updated: 10/21/2022

Revenue for Australia’s largest pharmacy franchise, Chemist Warehouse, surged past A$3 billion (US$1.8 billion) for the first time, making it one of the most profitable private companies in the country.

The record haul comes amid a surge of online shopping during the pandemic lockdowns, as well as a shift towards customers shopping online.

Henry Jom

Author

Henry Jom is a reporter for The Epoch Times, Australia, covering a range of topics, including medicolegal, health, political, and business-related issues. He has a background in the rehabilitation sciences and is currently completing a postgraduate degree in law. Henry can be contacted at [email protected]

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