China Nepstar Chain Drugstore fourth quarter revenues increase 1.0 percent to US$95 million China Nepstar Chain Drugstore Ltd. , the largest retail drugstore chain in China based on the number of directly operated stores, announced its unaudited monetary results for the fourth quarter and fiscal yr finished December 31 today, 2010 achievement of erection . Fourth Quarter Financial Highlights For the quarter ended December 31, 2010: Same store product sales declined slightly by 1.1 percent compared to the higher product sales of the same period in ’09 2009 due to the H1N1 epidemic Gross margin increased to 49.6 percent compared to 47.9 percent for the same period of 2009 Income increased by 1.0 percent to RMB627 million compared to RMB621 million in the fourth quarter of 2009 Income from operations was RMB24 million compared to RMB42 million in the same amount of 2009 and RMB14 million in the third quarter of 2010 Net gain was RMB17 million Mr.
Dr. Childs explains that increasing consumer demand for bulk items at extremely low prices is usually partly to blame.. China’s popularity is buckling under news of food and item recalls The recent discovery of high levels of chemicals found in frozen fish and pet food exports exposes a flawed regulatory system in the country.D., professor of meals advertising at Saint Joseph’s University in Philadelphia. What we have here are a variety of infractions ranging from hygiene and quality problems to criminal adulteration. Toothpaste provides been tainted with a deadly antifreeze agent; pet food containing melamine provides killed several dogs and cats; lead paint provides been used to color children’s toys; and toxins have been detected in seafood exports from the national country.