Navigation Links
China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results
Date:3/16/2011

3.8% in the fourth quarter of 2010, compared to 6.7% in the same quarter of 2009 and 2.4% in the third quarter of 2010.

Interest income for the fourth quarter of 2010 was RMB4.9 million (US$0.7 million), compared to RMB15 million in the same period of 2009. Equity income of an equity method investee was RMB0.2 million (US$0.03 million), compared to that of RMB2.4 million in the same quarter of 2009. The decrease in interest income was mainly due to (i) the maturity of all held-to-maturity investment securities which earned higher interest income, and (ii) lower cash balances as a result of the dividend payments and share buyback program in 2010.

Nepstar's effective tax rate was 40.9% for the fourth quarter, compared to 35.3% for the same period in 2009. The increase in the effective tax rate was primarily due to the varying profitability among subsidiary companies for the fourth quarter of 2010, an increase in the deferred tax asset valuation allowance mainly for tax loss carry forwards, and an increase in the transitional tax rate from 20% in 2009 to 22% in 2010 for subsidiaries in Shenzhen.

Net income in the fourth quarter of 2010 was RMB17 million (US$3 million), which represented RMB0.16 (US$0.02) basic and diluted earnings per American depositary share ("ADS"). This compares to net income of RMB43 million, which represented RMB0.40 basic earnings per ADS and RMB0.40 diluted earnings per ADS in the same period of 2009. The total number of outstanding ordinary shares of the Company as of December 31, 2010 was 208 million. The weighted average number of ordinary shares in the fourth quarter of 2010 was 208 million. Each ADS represents two ordinary shares of the Company.

As of December 31, 2010, Nepstar's total cash, cash equivalents and other bank deposits were RMB1,140 million (US$173 million) and its shareholders' equity was RMB1,569 million (US$238 million).

In the fourth quarter of 2010, net cash outflow from operations
'/>"/>

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

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

Related medicine technology :

1. China Sky One Medical Announces Fourth Quarter and Fiscal Year 2010 Results
2. China Botanic Pharmaceutical Receives a Tax Exemption in 2011
3. China-Biotics, Inc. Announces the Results of the 2010 Annual Meeting of Stockholders
4. China Botanic Schedules Conference Call to Discuss FY 2011 First Quarter Results
5. Fenwal, Golden Meditech Complete Definitive Agreement to Form Joint Venture in China
6. NeoStem To Present at Rodman & Renshaw Annual China Investment Conference on Tuesday, March 8
7. Weikang Bio-Technology to Present at Rodman & Renshaw Annual China Investment Conference
8. China Medicine Corporation Adopts New Incentive Compensation Plans
9. DK Sinopharma, Inc. is to Present at the Rodman & Renshaw Annual China Investment Conference to be Held March 6--8
10. China Pharma Holdings, Inc. Reports Full Year 2010 Financial Results
11. China Pharma Holdings, Inc. to Report Fiscal Year 2010 Financial Results on March 3, 2011
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/22/2015)... , May 22, 2015 Today, ... central nervous system stimulant indicated for the treatment ... patients beginning Summer 2015. The ... received approval from the U.S. Food and Drug ... an extended-release formulation of methylphenidate capsule with an ...
(Date:5/22/2015)... LONDON , May 22, 2015 ... early phase clinical research unit with a worldwide ... respected for its frequent publications in peer reviewed ... and European stakeholders and regulators in discussions about ... results.      (Logo: http://photos.prnewswire.com/prnh/20150522/745125) , ...
(Date:5/22/2015)... 22, 2015  China Nepstar Chain Drugstore Ltd. (NYSE: ... drugstore chain in China based ... the resignation of Mr. Fuxiang Zhang as ... immediately. Ms. Rebecca Yingnan Zhang has been ... of directors, effective immediately. Meanwhile, Ms. Zhang resigned from ...
Breaking Medicine Technology:Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 2Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 3Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 4Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 5Rhodes Pharmaceuticals Announces Launch of New, Once-Daily Treatment for ADHD 6China Nepstar Chain Drugstore Ltd. Announces Management Change and New Director Appointment 2China Nepstar Chain Drugstore Ltd. Announces Management Change and New Director Appointment 3
... plc (Nasdaq: JAZZ ) today announced several ... company,s leadership team. The appointments include: ... company and will serve as general counsel and an ... in March.  Ms. Hooper is currently a partner at ...
... Sinovac Biotech Ltd. (Nasdaq: SVA ), a leading ... a letter dated January 18, 2012 from The Nasdaq Stock ... from the Company,s Board of Directors effective January 4, 2012, ... Nasdaq,s requirement that its audit committee consists of at least ...
Cached Medicine Technology:Jazz Pharmaceuticals plc Announces New Executive Appointments 2Sinovac Receives Nasdaq Deficiency Letter Regarding Audit Committee Requirement 2
(Date:5/25/2015)... 24Hr HomeCare is proud to announce that ... COO, and Ryan Iwamoto, Co-Founder & CMO, are Finalists ... 2015 Awards in Greater Los Angeles. The award is ... innovation, financial performance, and a personal commitment to their ... the ongoing success of our organization,” said Co-Founder & ...
(Date:5/25/2015)... (PRWEB) May 25, 2015 Thousands ... to move forward in the federal multidistrict litigation ... of Texas. According to a Motion filed on ... to modify the Case Management Order pertaining to ... other things, the Motion seeks the adoption of ...
(Date:5/25/2015)... (PRWEB) May 25, 2015 Tunstall Americas ... deliver the highest level of service to its Medical ... upgrades and a restructuring of resources, Tunstall now provides ... and the Medical Answering Service to ensure superior patient ... that it has invested over $10 million in expanded ...
(Date:5/24/2015)... The Rolling Stones Zip Code summer stadium ... Petco Park. This iconic group is ready for their ... had a warmup show in Los Angeles at the Henry ... this beloved band not only played their Sticky Fingers album ... "Jumping Jack Flash," "Moonlight Mile" and "All Down the ...
(Date:5/24/2015)... 24, 2015 Scientists with Cardno ChemRisk, ... air quality compliance issues that may have raised the ... Mesothelioma has just posted an article on the research. ... The group found airborne asbestos levels well above OSHA ... 1984 and 2011. , “Asbestos compliance sampling data associated ...
Breaking Medicine News(10 mins):Health News:24Hr HomeCare Co-Founders Named Finalists for EY Entrepreneur of the Year 2015 Awards 2Health News:Federal DePuy Pinnacle Hip Lawsuits Move Forward, as Plaintiffs Seek to Modify Order Pertaining to Health Authorizations 2Health News:Federal DePuy Pinnacle Hip Lawsuits Move Forward, as Plaintiffs Seek to Modify Order Pertaining to Health Authorizations 3Health News:Tunstall Introduces New Medical Answering Service for the 21st Century Practice 2Health News:The Rolling Stones Tickets in San Diego, Orlando, Minneapolis, Dallas, Pittsburgh, Indianapolis, Atlanta, Detroit, Milwaukee, Kansas City, Columbus, Nashville & Raleigh 2Health News:New Analysis Finds Too Many Employers Ignored OSHA Asbestos Guidelines, According to Surviving Mesothelioma 2
... medical center implemented strict protocols for administering gadolinium-based ... cases for nephrogenic system fibrosis (NSF). Implementing ... diminished kidney function says Dr. Ozden Narin, presenting ... had some patients who developed NSF after they ...
... 1. For Older COPD Patients, Long-acting Inhaled Beta-agonists ... such as inhaled beta-agonists and anticholinergic agents are ... (COPD). Both drugs have been shown to decrease ... function, quality of life, and possibly mortality. However, ...
... Exposure to secondhand smoke, such as a person can get ... has a direct, measurable impact on the brainand the effect ... person doing the smoking. In fact, exposure to this secondhand ... by the National Institute on Drug Abuse (NIDA), part of ...
... American workers forced to travel often on business aren,t doing their ... of U.S. researchers found that people who travel for business 20 ... disease than "light" travelers who were on the go only a ... School of Public Health analyzed the medical records of more than ...
... (BRONX, NY) In honor of his significant clinical ... the World Trade Center following the September 11, 2001 ... 2011 Public Service Award from the American Thoracic Society ... at Albert Einstein College of Medicine of Yeshiva ...
... CO Doctors have long sought a way to directly ... skull. Now researchers have developed a way to get the ... poker-chip that rests on a patient,s head, according to findings ... Academic Societies in Denver. "This is the first time ...
Cached Medicine News:Health News:Embargoed news from Annals of Internal Medicine 2Health News:Embargoed news from Annals of Internal Medicine 3Health News:Frequent Business Travel Tough on the Heart, Study Finds 2Health News:Einstein Montefiore lung specialist to receive award for work with 9/11 rescue workers 2Health News:Researchers develop device to measure brain temperature non-invasively 2
Full Digital Ultrasound System...
Premium Full Color Digital Ultrasound...
... cardiovascular ultrasound system provides dedicated and ... all-digital ultrasound system offering exceptional image ... and spatial resolution everything you ... cardiovascular products. Designed specifically for ...
Aplio was designed for intuitive operation so you can get the results you are looking for quickly and easily. From customizable measurement packages to an ergonomic platform design, Aplio was built m...
Medicine Products: