iKang Schedules 2017 Unaudited Second Quarter Earnings

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
52
iKang Schedules 2017 Unaudited Second Quarter Earnings Release on December 14, 2017

BEIJING, Nov. 28, 2017 (GLOBE NEWSWIRE) -- iKang Healthcare Group, Inc. (“iKang” or the “Company”) (Nasdaq: KANG ), major provider in China’s fast growing private preventive healthcare services market, today announced that it will release its unaudited financial results for the second quarter ended September 30, 2017 on December 14, 2017 after the US market closes.

The earnings press release will be available on the investor relations page at http://ir.ikang.com .

Conference Call iKang’s management will host a conference call at 8:00 am US Eastern Time (9:00 pm Beijing/Hong Kong Time) on December 15, 2017, to discuss its quarterly results and recent business activities.

To participate in the conference call, please dial the following number five to ten minutes prior to the scheduled conference call time:

China:   4006-200-533
Hong Kong:   800-906-611
United States:   186-6590-5622
International:   +65 6713-5091
Passcode:   5187729

The Company will also broadcast a live audio webcast of the conference call. The webcast will be available at http://ir.ikang.com/ .

Following the earnings conference call, an archive of the call will be available by dialing:

China:   4006-322-162
Hong Kong:   800-963-117
United States:    185-5452-5696
International:    +61 2 8199-0299
Replay Passcode:   5187729
Replay Available Date:   11:00 ET December 15, 2017 – 07:59 ET December 30, 2017
     

About iKang Healthcare Group, Inc. iKang Healthcare Group, Inc. is one of the largest providers in China’s fast-growing private preventive healthcare space through its nationwide healthcare services network.

iKang’s nationwide integrated network of multi-brand self-owned medical centers and third-party facilities, provides comprehensive and high-quality preventive healthcare solutions across China, including medical examination, disease screening, outpatient service and other value-added services. iKang’s customer base primarily comprises corporate clients, who contract with iKang to deliver medical examination services to their employees and clients, and receive these services at pre-agreed rates. iKang also directly markets its services to individual customers. In the fiscal year ended March 31, 2017, iKang served a total of 5.58 million customer visits under both corporate and individual programs.

As of November 28, 2017, iKang has a nationwide network of 110 self-owned medical centers, covering 34 of China’s most affluent cities: Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing, Tianjin, Nanjing, Suzhou, Hangzhou, Chengdu, Fuzhou, Changchun, Jiangyin, Changzhou, Wuhan, Changsha, Yantai, Yinchuan, Weihai, Weifang, Shenyang, Xi’an, Wuhu, Guiyang, Ningbo, Foshan, Jinan, Bijie, Qingdao, Wuxi, Kaili, Mianyang and Zhenjiang, as well as Hong Kong. iKang has also extended its coverage to over 200 cities by contracting with over 400 third-party facilities, which include select independent medical examination centers and hospitals across all of China’s provinces, creating a nationwide network that allows iKang to serve its customers in markets where it does not operate its own medical centers.

Forward-looking Statements This press release contains forward-looking statements. These statements, including management quotes and business outlook, are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” "estimate," "project," "predict," "believe," "expect," "anticipate," "intend," "potential," "plan," "goal" and similar statements. iKang may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. These forward-looking statements include, but are not limited to, statements about: the Company’s goals and strategies; its future business development, financial condition and results of operations; its ability to retain and grow its customer base and network of medical centers; the growth of, and trends in, the markets for its services in China; the demand for and market acceptance of its brand and services; competition in its industry in China; relevant government policies and regulations relating to the corporate structure, business and industry; fluctuations in general economic and business conditions in China. Further information regarding these and other risks is included in iKang’s filing with the Securities and Exchange Commission. iKang undertakes no duty to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

IR Contact:

iKang Healthcare Group, Inc. Christy Xie Director of Investor Relations Tel: +86 10 5320 8599 Email: ir@ikang.com Website: www.ikanggroup.com

FleishmanHillard Email: ikang@fleishman.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Genesco Faces Slump in Earnings and Revenue Guidance

Updated Category News Views 184

Genesco Stock Experiences Significant Decline Genesco Inc. (NYSE: GCO) shares saw a notable drop in their value as the company announced disappointing third-quarter results. Investors were unsettled after the report indicated that the company's adjusted earnings per share for the quarter was lower than anticipated, totaling 79 cents compared to the expected 88 cents....

Continue Reading
Boomi Streamlines Testing Processes Using LambdaTest Innovation

Updated Category News Views 186

Transforming Testing Efficiency at Boomi with LambdaTest In a notable achievement for software quality assurance, Boomi, a leader in AI-driven automation, has significantly improved its testing processes leveraging LambdaTest's HyperExecute platform. This innovation has helped Boomi realize a remarkable shift in its operational speed and efficiency, ultimately enabling...

Continue Reading
Dunhuang Silk Road Expo: A Celebration of Global Cultural Ties

Updated Category News Views 154

Celebrating Cultural Exchange at the Dunhuang Silk Road Expo The 7th Silk Road (Dunhuang) International Cultural Expo is a truly remarkable event that unites cultures from across the globe. The theme for this year, "Practicing the Global Civilization Initiative, Deepening Cultural Exchanges and Mutual Learning," invites meaningful dialogue and collaboration on an...

Continue Reading
Louisiana Approves Top-notch PreK Curriculum for 2026

Updated Category News Views 16

Louisiana Sets the Bar High in PreK Education Here's something to turn your head: The Louisiana Department of Education handed their prestigious Tier 1 rating to the Every Child Ready curriculum for pre-K classes. This isn't just any pat on the back. It's the state's way of saying this curriculum doesn't just meet expectations; it knocks them out of the park. What's...

Continue Reading
Westland Insurance Expands Network with Forefront Acquisition

Updated Category News Views 232

Westland Insurance Acquires Forefront Insurance Inc. In a significant move to enhance its services, Westland Insurance, one of Canada's leading insurance brokerages, has successfully acquired Forefront Insurance Inc. This strategic acquisition, which took effect on July 1, underscores Westland's commitment to expanding its reach and delivering exceptional value to a wider...

Continue Reading