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Chinese Earnings Outlook: NPD, SNP

China Nepstar Chain Drugstore (NPD) and China Petroleum & Chemical (SNP) announce second quarter earnings on Monday, August 24th.

China Nepstar Chain Drugstore Ltd. [[NPD]] announces second quarter earnings at 8:30 am EDT on Monday. The Shenzhen-based retail drugstore chain that also offers its own private label products is expected to announce EPS of $0.04 on revenue of $86.16 million. If on-target, EPS will drop 50% year-over-year on a sales increase of 1%.

China Petroleum & Chemical Corp. [[SNP]], better known as Sinopec, announces interim 2009 results at 3:30 am EDT. The Beijing-based oil and gas company does not have analyst estimates of its results.

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