Shanghai No.1 Pharmacy Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 02:05 pm IST
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Shanghai No.1 Pharmacy Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,194.693 million compared to CNY 919.349 million a year ago. Operating income was CNY 56.811 million compared to CNY 41.611 million a year ago. Net income was CNY 57.677 million compared to CNY 38.183 million a year ago. Basic earnings per share from continuing operations was CNY 0.2585 compared to CNY 0.1712 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.
SHANGHAI NO.1 PHARMACY CO.,LTD. 
