Navigation Links
China Nepstar Chain Drugstore Reports Third Quarter 2011 Financial Results
Date:11/28/2011

d of 2010 and 47.8% in the second quarter of 2011. The decline in gross profit margin was mainly due to price reductions on essential drugs and changes in revenue mix as the Company introduced more convenience products with lower gross profit margin. The Company continued to make efforts to provide quality private label products at reasonable prices in convenience products category. In the third quarter, private label products' contribution to the convenience products category reached 28.0%, which helped 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 third quarter of 2011 increased to 42.6% compared to 41.9% in the same period of 2010. The increase was primarily due to higher rental and labor costs owing to a general inflationary economic environment.

General and administrative expenses as a percentage of revenue in the third quarter of 2011 were 4.2%, compared to 5.5% in the same period of 2010. The lower G&A expenses were mainly due to rigorous cost control measures and reduced share based expenditures, etc.

As a result of the factors discussed above, income from operations in the third quarter of 2011 was RMB3.0 million (US$0.5 million), compared to RMB14.5 million in the same period of 2010.

Interest income for the third quarter of 2011 was RMB6.1 million (US$1.0 million), compared to RMB5.5 million in the same period of 2010. The increase in interest income was mainly due to an increase in interest rates by the Chinese government. Dividend income from cost method investments was RMB0.7 million (US$0.1 million) for the third quarter of 2011, compared to zero in the same quarter of 2010. Equity income of an equity method investee was a loss of RMB0.6 million (US$0.1 million), compared to a gain of RMB2.3 million in the same quarter of 2010.

Nepstar's effective tax rate was 87.0% for the third quarter
'/>"/>

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. Sinovac to Present at 23rd Annual Piper Jaffray Health Care Conference and HK/China Mini Conference 2011 (Healthcare)
2. China Health Resource Announces Record Breaking 3rd Quarter 2011 Financial Results
3. China Medical Technologies Reports Second Fiscal Quarter Financial Results
4. The Outlook for Pharmaceuticals in Brazil, Russia, India & China
5. RNL Opens the Worlds Largest Stem Cell Medical Center in Beijing, China
6. Intergraph® Technology Enables Bayer Technology Services to Engineer New Plant in China
7. China Medical Technologies Announces Payment on Maturity and Cancellation of its 3.5% Convertible Senior Subordinated Notes due November 15, 2011
8. Winner Medical to Participate in Upcoming Investor Conferences in China
9. China Kanghui Holdings Reports Third Quarter 2011 Financial Results
10. China Sky One Medical Announces Third Quarter 2011 Results
11. China Information Technology, Inc. Announces Third Quarter 2011 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/22/2015)... , May 22, 2015 /CNW/ - More than fifty years ... treat morning sickness in expectant mothers. Tragically, Thalidomide caused serious ... families. Support has been provided to survivors ... of Canada in 1991 and settlements ... of a legal obligation to provide support, we have a ...
(Date:5/22/2015)... Solutions, Inc. (NASDAQ: BLFS ), a leading developer, manufacturer ... and cryopreservation freeze media and precision thermal ... "Company"), announced that the Company is scheduled to present at ... is scheduled to present at the Conference at 1:30 p.m. ... Hotel in New York City and ...
(Date:5/22/2015)... 22, 2015 Electrophysiologist Kevin Makati, M.D. ... to Boston, MA to ... Heart Rhythm Society conference. These scientific sessions drew ... the ideas, people and technology that propel their ... hybrid, minimally invasive cardiac operation that combines the ...
Breaking Medicine Technology:Statement from Minister Ambrose on Thalidomide 2Statement from Minister Ambrose on Thalidomide 3BioLife Solutions To Present At The 2015 Marcum MicroCap Conference In New York City 2St. Joseph's Hospital Heart Institute Physician Presents at Heart Rhythm Society 2St. Joseph's Hospital Heart Institute Physician Presents at Heart Rhythm Society 3
(Date:5/22/2015)... (PRWEB) May 22, 2015 ... Health IT solutions, announced today that Bill Lane, ... is the developer of BlueEHS,a first of its ... offers a customizable Electronic Health Records (EHR) with ... interfaces, a telemedicine-enabled comprehensive patient portal, and more. ...
(Date:5/22/2015)... CA (PRWEB) May 22, 2015 ... Sunset Plaza Dental announces that they are now ... restorative and other dental treatments. At consultations, patients ... them. Questions regarding what certain treatments can achieve ... be covered during this initial appointment. If treatments ...
(Date:5/22/2015)... Medivo, Inc., a leader in lab data analytics, ... in ‘Baby Boomers’ Screened for HCV Following the 2012 CDC ... at Digestive Disease Week, May 16-19, 2015. , The ... members Carol Smyth, MB; Jason Bhan, MD; Tatiana Sorokina, MSc; ... Nancy Reau, MD from the University of Chicago, Chicago, IL. ...
(Date:5/22/2015)... A Phase 3 French study, which ... Clinical Oncology (ASCO)’s annual meeting at the end ... patients who received bevacizumab in addition to the ... Genentech, Inc.) is an antibody that blocks angiogenesis ... used to treat many other cancers, including lung ...
(Date:5/22/2015)... (PRWEB) May 22, 2015 DMG Productions ... Jr., scheduled to broadcast on Friday, May 29, 2015 ... Discovery Channel. , In this episode Innovations will explore ... back to business quickly through disaster recovery and restoration. ... company that works collaboratively to develop and deliver training ...
Breaking Medicine News(10 mins):Health News:ZH Healthcare Adds Bill Lane to Advisory Board 2Health News:West Hollywood Dental Office, Sunset Plaza Dental is Now Offering Complimentary Consultations 2Health News:Medivo Study Finds HCV Positivity Rates are 250% Higher Among Baby Boomers 2Health News:Mesothelioma Research Organization Excited About Imminent Improvement to Standard of Care 2Health News:New Episode of Innovations Airing Friday, May 29, 2015 Via Discovery Channel 2
... Cheung, M.D., a pediatric neurologist at The Childrens ... School of Medicine, has been named a Howard ... competition in 2007, Cheung was one of 15 ... , Like all those chosen, Dr. Cheung ...
... (31 January 2008)Twenty-one boxes filled with 7,000 unique seed ... to the Svalbard Global Seed Vault, a facility being ... as a repository of last resort for humanitys agricultural ... Norwegian government as a service to the global community, ...
... put together a report, the Mental Health Advisory Team IV, that studied soldier ... a sobering look at that study, exploring the three most critical elements of ... The intensity of combat and other stressors of those serving ... Battlefield ethics , ...
... Jan. 30 Prime Therapeutics (Prime) has,joined the ... participant from,the pharmacy benefit manager (PBM) industry. The ... that collaborates with leading,organizations to develop and promote ... improving the health of employees. Members,of the Center ...
... Jan. 30 Orbel,s recent facility expansion,in ... for,electroplating metal foils. Motivated by current exchange ... looking toward US suppliers for,cost-effective solutions to ... and increased capacity, Orbel is well-positioned to ...
... Mass.More than 13 million Americans have survived a heart ... (CHD), the number one cause of death in the ... as a healthy diet and exercise, are known to ... evidence, a high proportion of heart attack survivors do ...
Cached Medicine News:Health News:Genetics researcher at Children's Hospital selected as Howard Hughes Medical Institute Investigator 2Health News:African seed collection first to arrive in Norway on route to Arctic seed vault 2Health News:African seed collection first to arrive in Norway on route to Arctic seed vault 3Health News:Prime Therapeutics Becomes First PBM to Join the Center for Health Value Innovation 2Health News:UMass Medical School study finds patients diagnosed with coronary heart disease continue poor diets 2Health News:UMass Medical School study finds patients diagnosed with coronary heart disease continue poor diets 3
... The Featured Products ... at Mediflex and are ... modular in regular or ... come equipped with insulation, ...
Operate with confidence. Autosuture is advancing the sate of both open and minimally invasive surgery by providing surgical tools that feel right, function right, and facilitate the right outcome eve...
Operate with confidence. Autosuture is advancing the sate of both open and minimally invasive surgery by providing surgical tools that feel right, function right, and facilitate the right outcome eve...
... are offered as 1-piece or modular, in ... instruments may be customized with handles of ... insulation and flush ports. Many standard patterns ... may affect delivery times. , Please ...
Medicine Products: