China Cord Blood (CO) Reports In-Line Q1 EPS

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China Cord Blood Corporation Reports Financial Results for the First Quarter of Fiscal 2017

August 22, 2016 4:16 PM EDT

HONG KONG, Aug. 22, 2016 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services, today announced its unaudited financial results for the first quarter of fiscal 2017 ended June 30, 2016.

First Quarter of Fiscal 2017 Highlights

Revenues for the first quarter of fiscal 2017 increased by 4.6% to RMB173.0 million ($26.0 million) from RMB165.4 million in the prior year period. New subscribers and accumulated subscriber base were 16,637 and 520,905, respectively. Gross profit... More