iKang Healthcare (KANG) Reports Q1 EPS of $0.06

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iKang Announces Unaudited Financial Results for the First Quarter Ended June 30, 2016

August 31, 2016 5:00 PM EDT

BEIJING, Aug. 31, 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 first quarter ended June 30, 2016.

Fiscal First Quarter Ended June 30, 2016 Financial Highlights

Net revenues were US$101.2 million, an increase of 17.3% year-over-year (an increase of 23.5% on RMB basis) (1) Gross profit was US$44.7 million, an increase of 6.1% year-over-year... More