Cachet Pharmaceutical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:48 pm IST
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Cachet Pharmaceutical Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 6,460.67 million compared to CNY 5,810.55 million a year ago. Revenue was CNY 6,460.67 million compared to CNY 5,810.55 million a year ago. Net income was CNY 78.84 million compared to CNY 81.83 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.28 a year ago. Diluted earnings per share from continuing operations was CNY 0.27 compared to CNY 0.28 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.