Navigation Links
China Nepstar Chain Drugstore Reports First Quarter 2011 Financial Results
Date:5/25/2011

ood-value private label products in convenience products category. In the first quarter, private label products' contribution to the convenience products category also reached 30.2%, helping maintain a reasonably favorable gross profit margin level on sales of convenience products.

Sales, marketing and other operating expenses as a percentage of revenue in the first quarter of 2011 decreased to 40.7% compared to 42.9% in the same period of 2010. This decrease from the same period of last year was primarily due to higher sales revenue generated from the diversification strategy and rigorous cost control measures.

General and administrative expenses as a percentage of revenue in the first quarter of 2011 were 5.1%, compared to 5.8% in the same period of 2010. The decrease was also due to cost control efforts and a higher revenue base in 2011.

As a result of the factors discussed above, income from operations in the first quarter of 2011 was RMB11.8 million (US$1.8 million), compared to a loss of RMB4.2 million in the same period of 2010. Operating margin was 1.9% in the first quarter of 2011.

Interest income for the first quarter of 2011 was RMB4.9 million (US$0.7 million), compared to RMB8.2 million in the same period of 2010. The decrease in interest income was mainly due to lower cash balances as a result of the dividend payments in 2010 and 2011, and share buyback program in 2010. Dividend income from cost method investments was RMB2.0 million (US$0.3 million), compared to that of RMB3.0 million in the same quarter of 2010. Equity income of an equity method investee was RMB1.0 million (US$0.2 million), compared to that of RMB1.8 million in the same quarter of 2010.

Nepstar's effective tax rate was 46.1% for the first quarter of 2011, compared to 66.8% for the same period in 2010. The decrease in effective tax rate was primarily because less valuation allowance was made for the deferred tax assets of loss-making subsidiaries due
'/>"/>

SOURCE China Nepstar Chain Drugstore Ltd.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. Reportlinker Adds Drug Delivery Devices Market Outlook in China to 2017 - Metered Dose Inhaler Devices, Infusion Systems, Central Venous Catheters and Needle Free Injections
2. Business Monitor International Launches Report on Chinas Pharmaceutical and Healthcare Industry
3. China Shenghuo Pharmaceutical Reports Financial Results for the First Quarter of 2011
4. China Pharma Holdings, Inc. to Present at the Eighth Annual Piper Jaffray China Growth Conference in New York on May 17, 2011
5. Winner Medical to Present at Oppenheimer 5th Annual China Dragon Conference
6. Naviscan Announces Partnership With Chindex Medical Limited for Mainland China, Hong Kong and Macau
7. China New Borun Announces First Quarter 2011 Financial Results
8. China Pharma Holdings, Inc. Reports First Quarter 2011 Financial Results
9. Reportlinker Adds Orthopedic Devices Market in the Emerging Countries (China, India, Brazil) - Presenting New Avenues for Growth and Profitability
10. Saladax Biomedical, Inc. Announces Pacific Rim Commercialization Team in Australia and China
11. China Medical Technologies to Present at Jefferies 2011 Global Healthcare Conference on June 7, 2011
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/31/2014)... , July 31, 2014 Marken announced today ... facilities to meet the clinical trial logistics growth in ... newly expanded facility will continue to serve as a ... to and from the region, and will provide additional ... Marken will combine its office and warehouse into a ...
(Date:7/31/2014)... 2014 De Pfizer Clinical Research Unit (PCRU) ... vrijwilligers van Japanse komaf voor medewerking aan klinisch onderzoek. ... is één van twee onderzoekseenheden van Pfizer , ... verbeteren door de ontdekking en ontwikkeling van nieuwe medicijnen. ... naar mannen en vrouwen van Japanse komaf – leeftijd ...
(Date:7/30/2014)... , July 30, 2014  Cepheid (Nasdaq: ... purchasing contract with Premier will end on September ... GPO will be able to continue their relationship ... HPA, MedAssets, Novation, and ROi, in addition to ... with Cepheid. "Cepheid has always recognized ...
Breaking Medicine Technology:Marken Expands Miami Regional Logistics Center 2Gezonde vrijwilligers van Japanse komaf gezocht voor deelname aan Fase I klinisch onderzoek 2Cepheid Updates Status Of Premier Group Purchasing Organization (GPO) Agreement 2Cepheid Updates Status Of Premier Group Purchasing Organization (GPO) Agreement 3
(Date:7/31/2014)... CA (PRWEB) July 31, 2014 ... healthcare providers, strives in maintaining the highest standards ... That is why Healthpointe is offering Occupational ... surrounding employers, employees and patients. They also accept ... carriers. , Healthpointe’s Occupational Medicine services include, but ...
(Date:7/31/2014)... (PRWEB) July 31, 2014 FORT ... Holdings Inc. a leading US Joint Commission Accredited ... most innovative and technologically advanced consumer storage and ... teleradiology leader is providing valued members the use ... the extraordinary services already offered by SecondOpinions.com®. ...
(Date:7/31/2014)... New York, NY (PRWEB) July 31, 2014 ... will host its first-ever event in New York on ... Eventi Hotel in Manhattan. , Featuring keynotes by ... Assemblyman Steve Katz (R-Yorktown), the event will include lunch ... Compassionate Care Act and the work NCIA is doing ...
(Date:7/31/2014)... Cheerag D. Upadhyaya has ... at the Saint Luke’s Marion Bloch Neuroscience Institute ... of spine surgery. He comes to SLMBNI from the ... has been recognized for his excellent work, research and ... addition to the Saint Luke’s Marion Bloch Neuroscience Institute ...
(Date:7/31/2014)... CA (PRWEB) July 31, 2014 Recognizing ... International Plant-based Nutrition Healthcare Conference announced today ... enrolled in studies of medicine or a healthcare-related field, ... advantage of special student-only discounts for the conference, scheduled ... the Loews Coronado Bay Resort. , “As ...
Breaking Medicine News(10 mins):Health News:Occupational Medicine Services Available at Healthpointe’s Perris Facility 2Health News:SECONDOPINIONS.COM® Introduces Innovative Cloud-Based Medical Imaging Exchange Service for Easy Upload, Access and Sharing Anytime/Anywhere 2Health News:SECONDOPINIONS.COM® Introduces Innovative Cloud-Based Medical Imaging Exchange Service for Easy Upload, Access and Sharing Anytime/Anywhere 3Health News:THURSDAY, AUG 7: First-Ever National Cannabis Industry Association Event in New York Will Feature Senator Savino, Assemblyman Katz, & Industry Leaders 2Health News:Saint Luke’s Marion Bloch Neuroscience Institute welcomes Cheerag D. Upadhyaya, M.D., as director of Spine Program 2Health News:Saint Luke’s Marion Bloch Neuroscience Institute welcomes Cheerag D. Upadhyaya, M.D., as director of Spine Program 3Health News:Saint Luke’s Marion Bloch Neuroscience Institute welcomes Cheerag D. Upadhyaya, M.D., as director of Spine Program 4Health News:Student Discounts Offered for International Plant-based Nutrition Healthcare Conference 2Health News:Student Discounts Offered for International Plant-based Nutrition Healthcare Conference 3
... 23 /PRNewswire/ -- According to a recent Consumer Reports ... failed to fill a prescription or shared a prescription in order ... struggling to cope with the rising cost of healthcare, a new ... drug costs, at no cost to consumers. , , Medtipster ...
... customers to reach ARRA criteria , , NASHVILLE, ... Inc.(R) (HMS) is pleased to announce that ... deployment to all customers. The new release features many ... in improving the patient care experience and expands upon ...
... LAUDERDALE, Fla., June 23 MEDmarketplace.com announced ... MedAssets Supply Chain Systems, effective June 1, 2009. ... buying and selling of unused and excess medical equipment. ... customers, including 1,800 hospital and IDN facilities and non ...
... Ochsner Medical Center ... , , NEW ORLEANS, June 23 /PRNewswire/ ... that California resident and Founder/CEO of Apple, Inc., Steve Jobs, has brought ... waiting lists in other states. New Orleans-based Ochsner Medical Center, which ...
... June 23 Former Chief Counsel on the Judiciary Committee ... Americans United for Life (AUL) as Of ... through its efforts to counter the confirmation of U.S. Supreme ... AUL President & CEO said: "I am very pleased to ...
... the most frequent congenital abnormality of the small bowel ... usually asymptomatic but approximately 4% are symptomatic with complications ... et al presents a case of Meckel,s diverticulum masked ... Their foundings will be published on June 14, 2009 ...
Cached Medicine News:Health News:New Online Company Is Helping to Bring a Solution to the Increasingly Devastating Problem of Healthcare Costs in America, at No Cost to Consumers 2Health News:Largest Software Release in HMS History Now Generally Available 2Health News:MedAssets Awards MEDmarketplace.com Contract for Idle Capital Equipment, Hospital Equipment and Supplies 2Health News:Organ Transplant Waiting Lists Not Limited to In-State Residents...Steve Jobs' Liver Transplant Showcases Travel Option for Organ Transplant 2Health News:Mary Harned Joins Americans United for Life, Set to Oppose Sotomayor Confirmation 2
... The primary objective of the BioPro Toe ... that will relieve pain and restore motion ... foot undisturbed. The procedure used to implant ... bone resection. , ,The design for the ...
... Electrodes provide direct cranial nerve monitoring ... circumferential design provides sensitive contact on ... real-time recordings. This unique approach provides ... removal of acoustic neuromas, microvascular decompressions, ...
... Ad-Techs Intraoperative Electrodes share similar ... The main difference is that ... are numbered to assist you ... are designed for use with ...
... As with all of Ad-Techs products, our Sphenoidal ... quality. They are available in stainless steel or ... or 2.75 inch (70 mm) long, 21 gauge ... electrodes are supplied as kits or sets. You ...
Medicine Products: