Concord Medical Services (CCM) Reports Q1 Loss Per Share of RMB0.73

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Concord Medical Reports Financial Results for the First Quarter of 2016

May 23, 2016 4:01 PM EDT

BEIJING, May 23, 2016 /PRNewswire/ -- Concord Medical Services Holdings Limited ("Concord Medical" or the "Company") (NYSE: CCM), a leading specialty hospital management solution provider and operator of the largest network of radiotherapy and diagnostic imaging centers in China, today announced its unaudited consolidated financial results for the first quarter of 2016[1].

First Quarter 2016 Highlights

Total net revenues were RMB125.0 million ($19.4 million) in the first quarter of 2016, a 17.1% decrease from net revenues from the network business of RMB150.7 million in the first quarter of 2015. Total net revenues include net... More