Cachet Pharmaceutical Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 21, 2019 at 11:17 pm IST
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Cachet Pharmaceutical Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 10,238.752 million compared to CNY 8,519.990 million a year ago. Operating income was CNY 475.838 million compared to CNY 415.372 million a year ago. Net income was CNY 211.329 million compared to CNY 185.402 million a year ago. Basic earnings per share from continuing operations was CNY 0.84 compared to CNY 0.74 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. 
