iKang Announces Unaudited Financial Results for the Fiscal First Quarter Ended June 30, 2017
IKANG HEALTH CARE GROUP (KANG)
US:NASDAQ Investor Relations:
ir.ikang.com
Company Research
Source: GlobeNewswire
BEIJING, Sept. 15, 2017 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq:KANG), a major provider in China’s fast growing private preventive healthcare services market, today announced its unaudited financial results for the first quarter ended June 30, 2017. Fiscal First Quarter Ended June 30, 2017 Financial Highlights Net revenues were US$115.6 million, an increase of 14.2% year-over-year (an increase of 19.9% on RMB basis) (1) Gross profit was US$48.4 million, an increase of 8.1% year-over-year (an increase of 13.5% on RMB basis) (1) Net income attributable to the Company was US$3.6 million, an increase of 73.1% year-over-year (an increase of 81.8% on RMB basis) (1) Non-GAAP net income attributable to the Company(2) was US$4.0 million, an increase of 55.3% year-over-year (an increase of 63.1 % on RMB basis) (1) Basic and diluted income per ADS attributable to common shareholders were US$0.05 and US$0.05, respectively, as compared to US$0.03 a
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