iKang Healthcare (KANG) Misses Q3 EPS by 3c

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iKang Announces Unaudited Financial Results for Fiscal Third Quarter Ended December 31, 2015

March 14, 2016 4:30 PM EDT

BEIJING, March 14, 2016 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (iKang or the Company) (Nasdaq: KANG), the largest provider in Chinas fast growing private preventive healthcare services market with a market share of 13.6% in terms of revenue in calendar year 2014, today announced its unaudited financial results for the fiscal third quarter ended December 31, 2015.

Fiscal Third Quarter ended December 31, 2015 Financial Highlights

Net revenues were US$133.0 million, an increase of 22.5% year-over-year (an increase of 27.4% on RMB basis) (1) Gross profit was US$67.6 million, an increase of 18.8% year-over-year... More