iKang Healthcare (KANG) Reports Q4 EPS of $0.48

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iKang Announces Unaudited Financial Results for the Fiscal Fourth Quarter and the Fiscal Year 2016 ended March 31, 2017

June 22, 2017 5:00 PM EDT

BEIJING, June 22, 2017 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (iKang or the Company) (Nasdaq: KANG), a major provider in Chinas fast growing private preventive healthcare services market, today announced its unaudited financial results for the fiscal fourth quarter and fiscal year 2016 ended March 31, 2017.

Fiscal Fourth Quarter ended March 31, 2017 Financial Highlights

Net revenues were US$60.2 million, an increase of 13.9% year-over-year (an increase of 19.9% on RMB basis) (1)   Gross profit was US$1.6 million, a decline of 66.0% year-over-year   Non-GAAP EBITDA was loss of US$24.3 million, a decline of 20.5%... More