Shanghai No.1 Pharmacy Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 30, 2019 at 08:41 am
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Shanghai No.1 Pharmacy Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 919.349 million compared to CNY 858.732 million a year ago. Operating income was CNY 41.611 million compared to CNY 37.333 million a year ago. Net income was CNY 38.183 million compared to CNY 29.206 million a year ago. Basic earnings per share from continuing operations was CNY 0.1712 compared to CNY 0.1309 a year ago.
Shanghai No.1 Pharmacy Co Ltd is a China-based company primarily engaged in the retail and wholesale business of pharmaceuticals. The retail business model mainly purchases medicines, food, medical equipment, health convenience products and other commodities from upstream suppliers, and then retails them to end consumers. The wholesale business model mainly purchases medicines and other commodities from upstream suppliers and then sells them to terminal medical institutions or other pharmaceutical and other commodity circulation companies.
SHANGHAI NO.1 PHARMACY CO.,LTD. 
