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China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2012 Financial Results
Date:3/28/2013

SHENZHEN, China, March 28, 2013 /PRNewswire-FirstCall/ -- China Nepstar Chain Drugstore Ltd. (NYSE: NPD) ("Nepstar" or the "Company"), the largest retail drugstore chain in China based on the number of directly operated stores, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2012.

Fourth Quarter Financial HighlightsFor the quarter ended December 31, 2012:

  • Same store sales increased by 11.6% as compared to the same period in 2011
  • Revenue increased by 2.1% to RMB671.9 million (US$107.8 million), compared to RMB658.0 million in the fourth quarter of 2011
  • Net income increased to RMB78.8 million (US$12.6 million), compared to RMB17.7 million in the fourth quarter of 2011  
  • Income from disposal of an equity method investee was RMB68.4 million (US$11.0 million) from the gain of the disposal of the Company's 40% equity interests in Yunnan Jianzhijia Chain Drugstore Ltd. ("JZJ")
  • Basic and diluted earnings per ADS were RMB0.80 (US$0.13) compared to RMB0.17 in the fourth quarter of 2011
  • Full Year 2012 Financial HighlightsFor the year ended December 31, 2012:

  • Same store sales increased by 9.1% compared to 2011
  • Revenue increased by 2.4 % to RMB2,549.9 million (US$409.3 million) compared to RMB2,491.3 million in 2011
  • Net income was RMB90.1 million (US$14.5 million), compared to RMB35.9 million in 2011
  • Income from disposal of an equity method investee was RMB68.4 million (US$11.0 million) from the gain of the disposal of the Company's 40% equity interests in JZJ
  • Basic and diluted earnings per ADS were RMB0.90 (US$0.14) compared to RMB0.35 in 2011
  • Mr. Fuxiang Zhang
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    SOURCE China Nepstar Chain Drugstore Ltd.
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