China Jo-Jo Drugstores (CJJD) Reports Q3 Loss Per Share of $0.02

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China Jo-Jo Drugstores Reports Third Quarter Fiscal Year 2016 Financial Results

February 12, 2016 9:00 AM EST

HANGZHOU, China, Feb. 12, 2016 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (NASDAQ CM: CJJD) (the "Company" or "China Jo-Jo"), a leading China-based pharmacy with retail, wholesale and online distribution of pharmaceutical and health care products, today announced financial results for the third-quarter ended December 31, 2015.

Third Quarter FY 2016 Highlights vs. the Comparable Period

Revenues roughly totaled $24.7 million up 15.9%, consisting of segmental revenue: Revenue from Retail Drugstores roughly totaled $12.9 million, down 2.7% and represents 52.3% of total revenues as compared to 62.3% in the prior year; Revenue from... More