Ann: Appendix 4C - quarterly, page-68

I agree momo. It seems that $25 is the going rate for wholesale for the big boys and up to $45 for daigou. Neurio makes about $10 a tin out of that plus anma's cut. Remembering the cost per tin of manufacture / packing is relatively small so the ANMA margin is only on a small fraction of the retail cost.
However, the wholesale pricing structure opens the door for them to go from ANMA to retail outlet and make plenty. I expect that there is over 50% margin on e platforms (ANMA margin, Large retail margin minus e-platform commission plus Neurio margin approx 30%). Only expenses are delivery, platform commission and export/ import costs. I can see what they are thinking with the maternity store. I am expecting plenty of Hopefern cosmetic / vitamin / supplements products to come out soon that will fit nicely.