Navigation Links
China Yongxin Pharmaceuticals Opened Three New Stores in 2009 and Expanded Customer Base
Date:1/8/2010

CHANGCHUN, China and LOS ANGELES, Jan. 8 /PRNewswire-Asia/ -- China Yongxin Pharmaceuticals, Inc. (OTC Bulletin Board: CYXN; "China Yongxin Pharmaceuticals" or the "Company"), is a leading manufacturer, distributor and retailer of Chinese traditional medicines, pharmaceutical products, natural health products, health food, cosmetics, and medical equipment in Northeastern China. The Company today announced that it had opened three new stores in 2009.

Reflecting a transition in the Company's sales strategy, the Company opened three new retail stores in 2009. Among them, two stores are located in Tianjin City with an average operating area of 100 square meters per store. Covering a local customer population of 23,000, each store offers more than 1,500 products and has achieved an average revenue of $429 per store per day.

With an operating area of 140 square meters, the new store in Changchun City offers more than 3,000 products to a local customer population of 27,000. It has also realized an average revenue of $429 per day.

With the new stores, the Company now has 96 stores in total in China (including 22 franchisees), offering a broader product portfolio including 98% of the items listed on the recently issued Essential Drug List (EDL) in China. With expanded marketing activities, these new stores contributed to increased revenues in 2009 from the Company's retail drug operations, which increased by approximately 30% over the prior year. These new stores also helped to improve the Company's 2009 gross profit which was $15.2 million and gross margin of 32.6%, representing a significant improvement over the $11.9 million in gross profit and gross margin of 20.1% for 2008.

Mr. Yongxin Liu, Chairman and Chief Executive Officer of China Yongxin, commented, "With enhanced government support, specifically the commencement of China's $126 billion health care reform plan foc
'/>"/>

SOURCE China Yongxin Pharmaceuticals, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. China Kangtai Cactus Biotech Files 2nd Quarter 2007 10QSB and Announces Unaudited Quarterly Results
2. China Biopharmaceuticals Holdings Announces Second Quarter 2007 Financial Results
3. China Medical Technologies to Participate in the Morgan Stanleys 2007 China Medical Corporate Day
4. China-Biotics, Inc. Signs Intention Agreement to Supply Probiotics to Bright Dairy & Food Co., Ltd.
5. China Technology Announces New Chief Financial Officer
6. China Medical Technologies Reports First Quarter Financial Results
7. China Medical Technologies to Participate in Credit Suisses 2007 Asian Technology Conference
8. China Technology Announces Entry to the Solar Energy Sector
9. China Sky One Medical Receives $1.5 Million Government Grant to Further Develop Six New Cancer Products
10. Kiwa Bio-Tech Named Recommended Brand by the China Green Food Association
11. China Kangtai Cactus Biotech, Inc. Announces Plans for New Product Launch
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... 2015 Shimadzu Scientific Instruments today ... UV-visible spectrophotometer. Offering wavelength scanning from 190 to ... for applications in a variety of industries, including ... user-friendly UV-1280 enables intuitive operation, while the enhanced ...
(Date:1/22/2015)... 2015  Transwestern | RBJ today announces the firm brokered a ... Shire a leading biopharmaceutical company, at Two Ledgemont Center in ... Robert Richards , president, and Brian Cohen , senior ... five-floor building at 95 Hayden Ave. Photo - ...
(Date:1/22/2015)... Protocol Networks brings independent technology consulting to the ... consultants, Protocol Networks has recently announced its expansion into ... his company has attracted several clients in The Constitution ... as others. With the success of these engagements, Rogers ...
(Date:1/22/2015)... zFlo Motion , a US leader ... exciting product from a new partner. STT-Systems has ... past 15 years, with offerings in the optical-motion capture, 3D ... system (inertial measurement unit), iSen, is opening eyes around the ...
Breaking Biology Technology:Shimadzu’s New Monitored Single-Beam UV-Vis Spectrophotometer Offers Comprehensive Measurement Options in a Compact Body 2Transwestern?RBJ Advises Shire in 202,000 SF Lease, Creating Boston's Largest Suburban Biotech Campus 2Protocol Networks Brings Independent Technology Consulting to the Constitution State 23D Motion Capture Just Got Easy 2
... Wis. - The Fitchburg Plan Commission has recommended approval ... building and data center that would accommodate the expansion of ... the anchor tenant in both buildings, which are planned for ... Fitchburg Technology Campus . , ,The plans, which now go ...
... hero, she was heading to the tiny island nation of ... Indian Ocean. By all reports and expectations, she would be off ... disconnection. , ,Or maybe not. After 36 hours in ... made our way through customs and out into the humid night ...
... - Tanya Townsend didn't have much time to pass the ... many other information technology directors have an opportunity to start ... and new processes? , ,Not many, and when the ... shopping for a chief technology executive in 2004, Townsend beat ...
Cached Biology Technology:Berbee to expand at New Venture Center 2Coveted vacation "disconnect" was elusive 2Coveted vacation "disconnect" was elusive 3CIO Leadership Series: Tanya Townsend, Saint Clare's Hospital 2CIO Leadership Series: Tanya Townsend, Saint Clare's Hospital 3CIO Leadership Series: Tanya Townsend, Saint Clare's Hospital 4CIO Leadership Series: Tanya Townsend, Saint Clare's Hospital 5
(Date:12/17/2014)... 15, 2014 Research and Markets ( http://www.researchandmarkets.com/research/s6qzt5/samsung_galaxy_s5 ... Galaxy S5 - Home Button Synaptics Fingerprint Sensor Technology ... http://photos.prnewswire.com/prnh/20130307/600769 Based on a ... introduces for the first time a fingerprint sensor in ...
(Date:12/17/2014)... Dec. 15, 2014  HITLAB SM announced today its ... confirm its adherence to current U.S. Food and Drug ... regulated smart device and smart phone application trials utilizing ... "HITLAB is determined to improve global healthcare ...
(Date:12/17/2014)... Research and Markets ( http://www.researchandmarkets.com/research/9zq33j/global_chemical ) has ... Market 2015-2019" report to their offering. ... trend upcoming in this market is the increasing demand ... in recording of patient data for quick and correct ...
Breaking Biology News(10 mins):Samsung Galaxy S5 - Home Button Synaptics Fingerprint Sensor Technology Analysis 2HITLAB Completes GCP Audit for FDA Smart Device & App Compliance 2Global Chemical Sensor Market 2015-2019: Key Vendors are Abbott Laboratories, Bayer, Hoffmann La-Roche, Johnson & Johnson, NGK Spark Plugs and Robert Bosch 2
... the power of 21st century computing to confirm an idea ... cycles evolve faster. Their findings appear in the October 3rd ... consequence for the understanding of evolution made possible by the ... said senior author Michael Donoghue , the G. Evelyn ...
... Using computer models and live cell experiments, biomedical engineers at ... than 100 human protein fragments that can slow or stop ... Reporting online last week in the Proceedings ... the findings could lead to developing treatments to fight diseases ...
... has confirmed the appointment of Esin Gulari, dean of the ... on the National Science Board (NSB). President George W. Bush ... scientists. "This is a tremendous honor for me as ... I will be in a unique position to make contributions ...
Cached Biology News:Reproducing early and often is the key to rapid evolution in plants 2Discovery of natural compounds that could slow blood vessel growth 2US Senate confirms Clemson University engineering Dean Esin Gulari to National Science Board 2
sterile filtered, off the clot, all male donors, Total Protein: 4.5 to 8.5 g/dl...
One-step, colorimetric, linear detection range 0.7 mg/dL to 300 mg/dL. Procedure: 10 min....
Human alpha-1-antitrypsin. No cross-reactivity with alpha-1-acid glycoprotein, serum albumin or other serum proteins....
Recombinant Mouse LIGHT/TNFSF14...
Biology Products: