Shanghai No.1 Pharmacy Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 04:12 am
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Shanghai No.1 Pharmacy Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 857.985 million compared to CNY 617.290 million a year ago. Operating income was CNY 43.613 million compared to CNY 29.504 million a year ago. Net income was CNY 33.269 million compared to CNY 30.187 million a year ago. Basic earnings per share from continuing operations was CNY 0.1491 compared to CNY 0.1353 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.