Navigation Links
China Nepstar Chain Drugstore Reports First Quarter 2009 Financial Results
Date:5/27/2009

SHENZHEN, China, May 27 /PRNewswire-Asia-FirstCall/ -- China Nepstar Chain Drugstore Ltd. (NYSE: NPD) ("Nepstar" or "the Company"), the largest drugstore chain in China based on the number of directly operated stores, today announced its unaudited financial results for the first quarter ended March 31, 2009.

Financial Highlights

In January 2009, Nepstar's board of directors approved the termination of a voting rights assignment agreement which assigned 30% of the total voting rights of Yunnan JianZhiJia Chain Drugstore Co. Ltd. ("JZJ") to Nepstar. As of December 31, 2008, JZJ had 355 drugstore outlets, all of which were located in Yunnan province in southwestern China. As a result of the termination of the voting rights assignment agreement, Nepstar no longer consolidated JZJ's financials beginning in the first quarter of 2009, and the financial results of JZJ was accounted for under the equity method.

To facilitate comparability of figures between periods presented, pro forma financial information is presented to show the accounting impact of the termination of the voting rights assignment agreement as if that had been taken place in the beginning of the relevant period.

    For the quarter ended March 31, 2009:

    -- Revenue was RMB506 million (US$74 million), reflecting a 12.1% increase
       compared to revenue of RMB 451 million in the first quarter of 2008 on
       pro forma basis
    -- Net income was RMB30 million (US$4 million)
    -- Net cash flow from operations was RMB93 million (US$14 million)

"As the global economic crisis continues to drive declines in export oriented businesses in southern China, many migrant workers have returned to their rural homes, which has significantly shifted consumption trends," commented Mr Ian Wade, Co-Chief Executive
'/>"/>

SOURCE China Nepstar Chain Drugstore Ltd.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine news :

1. Chinas 1-child policy could backfire on its elderly
2. Omnicom Acquires Leading Healthcare Marketing Communications Firm in China
3. Expanding Prevalent Population Will Drive Dramatic Growth for the Asthma Drug Market in China
4. Bridgetech Announces Addition of the Agency for Healthcare Research and Quality as Content Provider in its Development of a Healthcare Web Portal in China
5. China Holdings Appoints Ronald Shon Chairman of Advisory Board to Its Wholly-Owned Subsidiary China Power, Inc.
6. China Bionanometer Industries Corporation Promotes New Cosmetics Product Line in China
7. China Shenghuo Pharmaceutical Holdings, Inc. Begins Full-Scale Launch of 12Ways(R) Chinese Herbal Skin Care Product Line
8. Statement by Mike Leavitt Secretary of Health and Human Services on the United States-China Bilateral Meetings on Food and Drug Safety
9. Supplier Assessments to Help Buyers Identify Reliable China Exporters
10. Study shows lead-based paint problem isnt isolated to China
11. Bracco Announces Initiative to Save Children in China at 2007 Annual Meeting of CGI
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/17/2015)... “We have seen healing, a lot of healing, and ... Chaplain Shawn Kafader of Friendship Village. “People have found ... to contribute have created beautiful pieces of art.” For the ... program that was launched to benefit residents of the retirement ... the Art Institute in Chicago, worked as an intern at ...
(Date:4/17/2015)... April 17, 2015 Representatives Jim Himes ... and Treatment Act HR 1849 in congress on April ... and treatment for patients with the genetic disease. ... past, would be the first to create a federally ... treatment of hereditary hemorrhagic telangiectasia. This would effectively prevent ...
(Date:4/17/2015)... (PRWEB) April 17, 2015 Most dental ... dental restoration units are made overseas by foreign dental ... domestic labs remain unregulated in more than 40 states ... National Association of Dental Laboratories has created ... raise awareness among patients about the consequences that could ...
(Date:4/17/2015)... Scientists from the Icahn School ... U.S. and Venezuelan researchers, have discovered the most ... an isolated tribe of Yanomami Amerindians in the ... the Yanomami, previously unexposed to antibiotics or industrialized ... of people living in industrialized countries, and was ...
(Date:4/17/2015)... Compare-autoinsurance.org has released a new blog ... auto insurance quotes . , The online environment ... their cars. Drivers should always compare multiple car insurance ... market is a competitive one, which means that customers ... , It is now possible to compare online car ...
Breaking Medicine News(10 mins):Health News:Healing At Friendship Village Due To Art Therapy 2Health News:House Representatives Introduce Bill to Fight Genetic Disease 2Health News:National Association Urges Transparency in Dental Industry 2Health News:Mount Sinai Scientists Find Unprecedented Microbial Diversity in Isolated Amazonian Tribe Previously Unexposed to Antibiotics or Processed Foods 2Health News:Mount Sinai Scientists Find Unprecedented Microbial Diversity in Isolated Amazonian Tribe Previously Unexposed to Antibiotics or Processed Foods 3Health News:The Best Auto Insurance Quotes Are Available Online! 2
... By Amanda Gardner HealthDay Reporter , FRIDAY, ... breast cancer who receive targeted radiation to the breast after ... However, only about a third of these women were ... a new study published in the Dec. 16 online issue ...
... SAGE and the European Society of Cardiology (ESC) ... Journal: Acute Cardiovascular Care. The first issue will be ... represents over 70,000 cardiology professionals across Europe and the ... including publishing seven of the world,s leading cardiology journals. ...
... , SATURDAY, Dec. 17 (HealthDay News) -- The busy ... this time of year it is especially important to remember ... get-togethers tend to lead people to consume sugary treats and ... for the Academy of General Dentistry, said in an academy ...
... BUFFALO, N.Y. -- Will a drug used to treat childhood ... later in life? UB associate professor of pharmaceutical ... a bridge between research and clinical practice, has focused recent ... and colleagues, recent study in the Journal of Clinical Oncology ...
... Scientists may have a way to double the efficacy and ... University scientists have devised a way to reduce lung cancer ... by radiation therapy., "Radiation is a great therapy the ... biochemist and Associate Director of Research and Chief, Nanomedicine and ...
... 16 (HealthDay News) -- Chronic pain can hinder communication ... partner,s ability to cope with the pain, according to ... validation of a spouse,s emotions (showing respect and acceptance) ... emotions (showing hostility or no interest) increases emotional distance ...
Cached Medicine News:Health News:Targeted Radiation for Breast Cancer May Be Overused: Study 2Health News:Targeted Radiation for Breast Cancer May Be Overused: Study 3Health News:Sage and European Society of Cardiology extend publishing partnership 2Health News:Dentist Gives Advice to Keep Holiday Smiles Bright 2Health News:Childhood cancer drugs cure now, may cause problems later, UB research shows 2Health News:Scientists may be able to double efficacy of radiation therapy 2Health News:Spouse's Reaction May Affect Pain Management 2
(Date:4/17/2015)... April 17, 2015  Regulatory leaders in the pharmaceutical ... discussion draft called "21 st Century Cures." ... be taken up by Congress soon and if enacted ... device products are developed and marketed in ... companies have begun to consider how the proposed changes ...
(Date:4/17/2015)... -- Inivata, a Cambridge, England ... at the 2015 American Association for Cancer Research (AACR) Annual ... Rosenfeld and a poster presentation. Michael Stocum , ... 22 nd . The presentation, entitled Monitoring ... forms part of a session on Recent Advances in ...
(Date:4/17/2015)... ASSESS shows   plasma circulating tumour DNA (ctDNA) ... tumour biopsy   IGNITE supports value of ... AstraZeneca today presented results from two key studies ... for epidermal growth factor receptor (EGFR) mutation status in newly ... clinical practice. [ 1 ] , ...
Breaking Medicine Technology:21st Century Cures: A Regulatory Game-Changer for the Pharmaceutical Industry 2Inivata Co-founder Nitzan Rosenfeld to Present at AACR Annual Meeting 2"Real World" Data Support Use of Blood Test for EGFR Mutation in Advanced NSCLC 2"Real World" Data Support Use of Blood Test for EGFR Mutation in Advanced NSCLC 3"Real World" Data Support Use of Blood Test for EGFR Mutation in Advanced NSCLC 4
... Oct. 20 HealthLeaders-InterStudy, a leading provider of managed ... San Diego area are looking to secure a strong ... of commercial and Medicare reimbursements by developing and growing ... will limit physician access for pharmaceutical reps. According to ...
... world renowned heart center has expanded and enhanced its ... Ernst Cardiovascular Center at Beaumont Hospital, Royal Oak. ... offer breakthrough surgeries and treatments for people with high-risk ... new home for Beaumont,s innovative "7 tests for $70" ...
Cached Medicine Technology:The Development of Medical Foundations in the San Diego Area will Restrict Physician Access for Pharmaceutical Reps 2Beaumont Hospital Opens New Ernst Cardiovascular Center 2
... Sonys new DFW-SX910 digital camera is equipped ... with square pixels and offers excellent sensitivity ... This camera delivers uncompressed, high-resolution, ... asynchronous electronic shutter function with an exposure ...
... The PL-A662 is PixeLINKs most popular microscopy ... 1.3 Megapixel FireWire camera suitable for use ... PixeLINKs most popular microscopy camera. Desgined to ... image acquisition, the PL-A662 provides uncompromising video ...
... Gene Tech acclaimed GT-CAPTURE digital camera photomicrographic ... manufacturers microscope such as Olympus, Leica, Nikon, ... base and transferring images over the Internet ... CCD and a performance-proven Nikkor lens. The ...
... Carl Zeiss developed for ... expert. Not only does it ... all image formats, it is ... with the microscope and fully ...
Medicine Products: