Chinese pharmaceutical retail chain Nepstar Drugstore published its financial report for the third quarter of 2015, stating that its operating revenue was CNY793 million and it saw net losses of CNY2.8 million.
Chinese pharmacy chain Nepstar Drugstore says it opened 38 new stores during the first half of 2015, while it closed 59 existing stores.
China Nepstar Chain Drugstore has strengthened its management team with new appointments, naming Ian Wade as co-chief executive officer and William Weili Dai as the new chief financial officer.
China Nepstar Chain Drugstore says it has entered into a license agreement with SAP AG to purchase the full SAP ERP system.
China Nepstar Chain Drugstore has entered into a definitive agreement with DongGuan Hui Ren Tang Pharmaceutical Company to acquire all of its 18 directly operated retail chain drugstores in Dongguan City, Guangdong Province for cash…