Shanghai No.1 Pharmacy Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 09:15 pm IST
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Shanghai No.1 Pharmacy Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 631.857 million compared to CNY 857.985 million a year ago. Operating income was CNY 24.724 million compared to CNY 43.613 million a year ago. Net income was CNY 25.950 million compared to CNY 33.269 million a year ago. Basic earnings per share from continuing operations was CNY 0.1163 compared to CNY 0.1491 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.