Income TaxesOur income tax expense increased by $35,638 period over period due to tax levied on Jiuzhou Pharmacy's profit.
Net IncomeAs a result of the foregoing, net income decreased by $1,322,391 period over period.
Conference Call InformationThe Company will host a conference call to discuss its fiscal year 2014 first quarter results on Monday, August 19, 2013, at 8 a.m. Eastern Time. To participate in the conference call, please dial 1-877-941-2068 from North America. International participants can access the call by dialing 1-480-629-9712. A live audio webcast of this conference call will be available under the Investor Relations section of the Company's website at http://www.chinajojodrugstores.com. A replay of the call will be available beginning the same day at approximately 11 a.m. Eastern Time by dialing 1-877-870-5176 or -1-858-384-5517 with pin #4636469. The replay will also be available on the company website.
About China Jo-Jo Drugstores, Inc.China Jo-Jo Drugstores, Inc., through its subsidiaries and contractually controlled affiliates, is a retailer and wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. As of August 14, 2013, the Company had 51 retail pharmacies in Hangzhou and Shanghai.
Forward Looking StatementSafe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain of the statements made in the press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or co
|SOURCE China Jo-Jo Drugstores, Inc.|
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