Listed on Bursa Malaysia in November 2013, Caring Pharmacy Group operates a chain of community pharmacies under the CARiNG brand in Malaysia. The company retails pharmaceutical, healthcare, and personal care products. It is also involved in the central warehousing and distribution of pharmaceutical, healthcare, and personal care products; and Internet and warehouse sale of healthcare and personal care products. The company was founded in 1994 and is headquartered in Petaling Jaya, Malaysia.

The company has experienced robust growth in recent years, and I attended the AGM to learn more about the company. Here are 10 things I learned from the 2019 Caring Pharmacy AGM:

1. Revenue grew 17.9% y-o-y to RM599.2 million in the financial year ended 31 May 2019 (FY2019). Likewise, net profit grew 10.0% y-o-y to RM25.6 million. This was mainly driven by better same-store sales growth of matured outlets of more than two years old, and