Cachet Pharmaceutical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 23, 2020 at 09:41 am
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Cachet Pharmaceutical Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 16,288.560 million compared to CNY 15,804.771 million a year ago. Operating income was CNY 576.046 million compared to CNY 689.767 million a year ago. Net income was CNY 244.971 million compared to CNY 295.652 million a year ago. Basic earnings per share from continuing operations was CNY 0.84 compared to CNY 1.01 a year ago.
Cachet Pharmaceutical Co., Ltd. is a China-based company, principally engaged in the wholesale and retailing of pharmaceuticals. The Company mainly operates pharmaceutical wholesale business, which is engaged in the distribution of pharmaceuticals to the hospitals and community hospitals, and medical equipment sales business. In addition, the Company is also engaged in the pharmaceuticals retail business, which operates regular chain drug stores. It is also engaged in the pharmaceutical logistics, including sorting, storage and delivery services. The Company operates its businesses in Beijing and others.
CACHET PHARMACEUTICAL CO., LTD. 
