iKang Announces Unaudited Financial Results for the Fiscal Second Quarter Ended September 30, 2018
IKANG HEALTH CARE GROUP (KANG)
US:NASDAQ Investor Relations:
ir.ikang.com
Company Research
Source: GlobeNewswire
BEIJING, Dec. 20, 2018 (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 fiscal second quarter ended September 30, 2018. Fiscal Second Quarter Ended September 30, 2018 Financial Highlights Net revenues were US$177.7 million, an increase of 16.6% year-over-year (an increase of 19.0% on RMB basis) (1) Gross profit was US$81.7 million, an increase of 15.6% year-over-year (an increase of 18.0% on RMB basis) (1) Net income attributable to the Company was US$16.1 million, a decrease of 17.2% year-over-year (a decrease of 15.5% on RMB basis) (1) Non-GAAP net income attributable to the Company(2) was US$16.4 million, a decrease of 17.7% year-over-year (a decrease of 16.0% on RMB basis) (1) Basic and diluted income per ADS attributable to common shareholders were US$0.23 and US$0.22, respectively, as compar
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