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China Nepstar Chain Drugstore Reports Third Quarter 2013 Financial Results
Date:11/26/2013

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Net loss for the third quarter of 2013 was RMB4.7 million (US$0.8 million), which represented RMB0.05 (US$0.008) basic and diluted loss per ADS. Net income for the third quarter of 2012 was RMB1.9 million, which represented RMB0.02 basic and diluted earnings per ADS.

Net cash-flow from operating activities in the third quarter of 2013 was RMB10.6 million (US$1.7 million), compared with RMB0.05 million for the same period in 2012.

As of September 30, 2013, the Company's total cash, cash equivalents, short-term and long-term bank deposits were RMB665.3 million (US$108.7 million) and its shareholders' equity was RMB1.0 billion (US$167.3 million), compared with total cash, cash equivalents, bank deposits and restricted cash of RMB664.4 million and shareholders' equity of RMB1.03 billion as of December 31, 2012.

Business Outlook"Fourth quarter is important for us as winter is the high season for cold-cough medicines and nutritional supplements. We are working hard to maintain same store sales growth and per store transactions. Our focus remains on optimizing product mix and improving margins," Mr. Zhang concluded.

Conference Call InformationThe Company will host a conference call, to be simultaneously webcasted, on Tuesday, November 26, 2013 at 8:00 a.m. Eastern Time / 9:00 p.m. Beijing Time. Interested parties may participate in the conference call by dialing +1-877-407-9210 (North America) or +1-201-689-8049 (International) approximately five minutes before the appointed starting time. A live web cast of the conference call will be available on the Nepstar website at www.nepstar.cn.

A replay of the call will be available shortly after the conclusion of the conference call through December 3, 2013 at 11:59 p.m. Eastern Time. An archived Web cast of the conference call will be available on the N
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SOURCE China Nepstar Chain Drugstore Ltd.
Copyright©2012 PR Newswire.
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