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China Nepstar Chain Drugstore Reports Second Quarter 2011 Financial Results
Date:8/23/2011

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Ivette Almeida
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Tables FollowChina Nepstar Chain Drugstore Ltd.Unaudited Condensed Consolidated Statements of Operations(amounts in thousands – except per-share data)Three-month period endedJune 30, 2010June 30, 2011June 30, 2011RMB

RMB

USDRevenue

565,216

606,580

93,847Cost of goods sold

(281,990)

(316,663)

(48,992)Gross profit

283,226

289,917

44,855Sales, marketing and other operating expenses

(241,427)

(253,567)

(39,231)General and administrative expenses

(28,863)

(28,115)

(4,350)Other expense

(25,540)

-

-(Loss) / Income from operations

(12,604)

8,235

1,274Interest income

5,279

5,621

870Dividend income from cost method investments

31

934

144Equity in income of an equity method investee

1,475

(391)

(60)(Loss) / Income before income tax expense

(5,819)

14,399

2,228Income tax expense

(7,576)

(7,940)

(1,228)Net (loss) / income attributable toChina Nepstar Chain Drugstore Ltd.

(13,395)

6,459

1,000Basic (loss) / earnings per ordinary share(0.06)0.030.005Basic (loss) / earnings per ADS

(0.12)

0.06

0.01Diluted (loss) / earnings per ordinary share(0.06)0.030.005Diluted (loss) / earnings per ADS

(0.12)

0.06

0.01China Nepstar Chain Drugstore Ltd. Unaudited Condensed Consolidated Balance Sheets(amounts in thousands)As ofAs ofAs ofDecember 31,June 30,June 30,201020112011RMBRMBUSDASSETSCurrent assets:Cash, cash equivalents and bank deposits

1,139,796

1,003,247

155,217Restricted cash

5,000

-

-Accounts receiv
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SOURCE China Nepstar Chain Drugstore Ltd.
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