Cachet Pharmaceutical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 01:30 pm IST
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Cachet Pharmaceutical Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 5,810.550 million compared to CNY 4,048.898 million a year ago. Operating income was CNY 199.285 million compared to CNY 113.429 million a year ago. Net income was CNY 81.829 million compared to CNY 50.980 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.17 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. 
