iKang Healthcare (KANG) Reports Q3 EPS of $0.21

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iKang Announces Unaudited Financial Results for Fiscal Third Quarter Ended December 31, 2016

March 16, 2017 5:00 PM EDT

BEIJING, March 16, 2017 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (iKang or the Company) (Nasdaq: KANG), major provider in Chinas fast growing private preventive healthcare services market, today announced its unaudited financial results for the fiscal third quarter ended December 31, 2016.

Fiscal Third Quarter Ended December 31, 2016 Financial Highlights

Net revenues were US$154.6 million, an increase of 16.2% year-over-year (an increase of 24.2% on RMB basis) (1) Gross profit was US$73.1 million, an increase of 8.2% year-over-year (an increase of 15.7% on RMB basis) (1) Operating income was US$26.9 million, an... More