China Nepstar Chain Drugstore (NPD) Reports In-Line Q1 Loss
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/C O R R E C T I O N -- China Nepstar Chain Drugstore Ltd./
May 26, 2015 3:40 AM EDTIn the news release, China Nepstar Chain Drugstore Ltd. Reports First Quarter 2015 Financial Results, issued 26-May-2015 by China Nepstar Chain Drugstore Ltd. over PR Newswire, we are advised by the company that the first paragraph following Financial Highlits, [Mr. Simin Zhang, Chairman of Nepstar] sentence, should read "[Ms. Rebecca Yingnan Zhang, Chief Executive Officer of Nepstar ]" rather than "[Mr. Simin Zhang, Chairman of Nepstar]". The third paragraph following First Quarter Results, [First quarter revenue contribution by product category was 23.7% from prescription drugs (23.3% for the same period in 2014); 41.2% from over-the-counter ("OTC") drugs (40.3% for the same period in 2014); 12.3%from... More
China Nepstar Chain Drugstore Ltd. Reports First Quarter 2015 Financial Results
May 26, 2015 2:00 AM EDTSHENZHEN, China, May 26, 2015 /PRNewswire/ -- China Nepstar Chain Drugstore Ltd. (NYSE: NPD) ("Nepstar" or the "Company"), a leading retail drugstore chain in China based on the number of directly operated stores, today announced its unaudited financial results for the first quarter ended March 31, 2015.
Financial Highlights
Same store sales increased by 13.6% compared to the first quarter of 2014 Revenue increased by 11.9% to RMB759.1 million (US$122.5 million) compared to RMB678.3 million in the first quarter of 2014 Net loss decreased to RMB3.4 million (US$0.5... More