China Jo-Jo Drugstores (CJJD) Swings to Q4 Profit
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China Jo-Jo Drugstores Announces Fourth Quarter and Year End Financial Results for Fiscal Year 2015
June 29, 2015 9:15 AM EDTHANGZHOU, China, June 29, 2015 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (NASDAQ CM: CJJD) (the "Company" or "China Jo-Jo"), a leading China-based retail and wholesale distributor of pharmaceutical and health care products through its own online and retail pharmacies, today announced financial results for the fourth quarter and fiscal year ended March 31, 2015.
FY 2015 Fourth Quarter Highlights:
Revenue increased 30.1% to $20,982,649 for the fourth quarter ended March 31, 2015 as compared to $16,129,575 during the same period last year. Q4 Gross profit increased to $3,341,109 as opposed to a loss of $1,001,170 for the... More