iKang Healthcare (KANG) Reports Q4 EPS of $0.49

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iKang Announces Unaudited Financial Results for the Fiscal Fourth Quarter and the Fiscal Year 2017 Ended March 31, 2018

June 21, 2018 5:00 PM EDT

BEIJING, June 21, 2018 (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 2017 ended March 31, 2018.

Fiscal Fourth Quarter Ended March 31, 2018 Financial Highlights

Net revenues were US$89.5 million, an increase of 48.8% year-over-year (an increase of 37.3% on RMB basis) (1) Gross profit was US$14.3 million, an increase of 803.7% year-over-year (an increase of 733.9% on RMB basis) (1) Net loss... More