NPD First Quarter Results and Info.......
Revenue for the quarter ended March 31, 2010 was RMB567 million (US$83 million), 12.1% higher than revenue for the first quarter of 2009 of RMB506 million.
In the first quarter of 2010, Nepstar added 104 new stores and closed 24 stores. As of March 31, 2010, Nepstar had a total of 2,559 stores in operation.
As of March 31, 2010, the Company's total cash, cash equivalents and current bank deposits were RMB1,142 million (US$167 million), long term bank deposits were RMB200 million (US$29 million) and total shareholders' equity was RMB1,588 million (US$233 million).
In addition, since the fourth quarter of 2009, Nepstar has introduced approximately 70 new Stock Keeping Units ("SKUs") of consumables and organic food products as of March 31, 2010. These new products are now sold through half of the Company's stores and contributed RMB7 million to the Company's revenue in the first quarter of 2010.
First quarter revenue contribution from prescription drugs was 24.8%, over-the-counter ("OTC") drugs was 36.7%, nutritional supplements was 17.9%, traditional Chinese herbal products was 3.7% and other products was 16.9%. Same store sales (for 2,217 stores opened before December 31, 2008) for the first quarter of 2010 increased by 6.9% as compared to the same period in 2009. The increase was mainly attributable to effective marketing campaigns, optimization of product offerings, and the stronger economic environment in China.
NPD's 2nd and 3rd Quarters always increase in Sales and Revenue...
VLF
News 
Market Data 
Discover 
