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China Nepstar Chain Drugstore Ltd. Reports Second Quarter 2013 Financial Results
Date:8/29/2013

(330,148)

(358,000)

(58,331)Gross profit

287,458

280,758

45,745Sales, marketing and other operating expenses

(252,289)

(248,719)

(40,525)General and administrative expenses

(31,272)

(29,698)

(4,839)Impairment losses

-

(3,380)

(551)Income/(loss) from operations

3,897

(1,039)

(170)Interest income

3,917

4,218

687Dividend income from cost method investments

3,124

436

71Equity in income of an equity method investee

(995)

-

-Income before income tax expense

9,943

3,615

588Income tax expense

(7,445)

(7,520)

(1,225)Net income/(loss)

2,498

(3,905)

(637)Basic earnings/(losses) per ordinary share

0.012

(0.020)

(0.003)Basic earnings/(losses) per ADS

0.024

(0.040)

(0.006)Diluted earnings/(losses) per ordinary share

0.012

(0.020)

(0.003)Diluted earnings/(losses) per ADS

0.024

(0.040)

(0.006)Net income/(loss)

2,498

(3,905)

(637)Other comprehensive loss, net of tax:Foreign currency translation adjustments

(496)

(512)

(83)Comprehensive income/(loss)

2,002

(4,417)

(720) China Nepstar Chain Drugstore Ltd.Unaudited Condensed Consolidated Balance Sheets(amounts in thousands) As ofAs ofAs ofDecember 31,June 30,June 30,201220132013RMBRMBUSDASSETSCurrent assetsCash and cash equivalents

371,256357,54058,256Short-term bank time deposits

237,100272,44044,390Restricted cash

36,00036,0005,866Accounts receivable, net of allowance for doubtful
accounts

114,601114,72018,692Amounts due from related parties

8,25410,7051,744Prepaid exp
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SOURCE China Nepstar Chain Drugstore Ltd.
Copyright©2012 PR Newswire.
All rights reserved

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