China Nepstar Chain Drugstore (NPD) Reports Q1 EPS of $0.08; Comps Rose 9.8%

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China Nepstar Chain Drugstore Ltd. Reports First Quarter 2016 Financial Results

May 31, 2016 4:52 AM EDT

SHENZHEN, China, May 31, 2016 /PRNewswire/ -- China Nepstar Chain Drugstore Ltd. (NYSE: NPD) ("Nepstar" or the "Company"), a leading retail drugstore chain in China based on the number of directly operated stores, today announced its unaudited financial results for the first quarter ended March 31, 2016.

Financial Highlights

Same store sales increased by 9.8% compared to the first quarter of 2015 Revenue increased by 9.9% to RMB834.3 million (US$129.4 million) compared to RMB759.1 million in the first quarter of 2015 Net income was RMB7.5 million (US$1.1... More