China Jo-Jo Drugstores' Online Sales Achieved Over 90% Growth in FY 2015 as Annual Sales from Its Own Online Pharmacy Site Jumped Over 200%
HANGZHOU, China, June 11, 2015 -- China Jo-Jo Drugstores, Inc. (NASDAQ CM: CJJD) (the "Company", "China Jo-Jo", "Our" or "We") is a leading China-based retail and wholesale distributor of pharmaceutical and health care products through its online and retail pharmacies, today announced that, based on the Company's preliminary data, annual sales from the Company's online pharmacy grew at least 90% year over year with an over 200% increase from its own online pharmacy site and annual sales from its offline drugstores grew by more than 20% in the year ended March 31, 2015. For the first time in the Company's history, online pharmacy sales reached approximately US$14 million in fiscal year2015, accounted for over 18% of its total annual revenue, as compared to about 11% in fiscal year 2014.
- Published: 11 June 2015
- Written by Editor