iKang Healthcare (KANG) Reports Q1 EPS of $0.06/ADS

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iKang Announces Unaudited Financial Results for the Fiscal First Quarter Ended June 30, 2017

September 14, 2017 5:00 PM EDT

BEIJING, Sept. 14, 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 first quarter ended June 30, 2017.

Fiscal First Quarter Ended June 30, 2017 Financial Highlights

Net revenues were US$115.6 million, an increase of 14.2% year-over-year (an increase of 19.9% on RMB basis)(1) Gross profit was US$48.4 million, an increase of 8.1% year-over-year (an increase of 13.5% on RMB basis)(1) Net income attributable to the Company was US$3.6... More