Chindex International, Inc. Announces Results for the Quarter and Nine Months Ended Decembe...( BETHESDA Md. Feb. 8 /Xinhua-- Chi...),Health

BETHESDA, Md., Feb. 8 /Xinhua-PRNewswire/ -- Chindex International, Inc. (Nasdaq: CHDX), an independent American provider of Western healthcare services and products in the People's Republic of China, today announced profitable results for the quarter and nine months ended December 31, 2007, including a 473% increase and a 206% increase respectively, in net income.

Revenue for the quarter ended December 31, 2007 was $36.0 million, a 19% increase over revenue of $30.3 million in the quarter ended December 31, 2006. Net income from continuing operations for the quarter ended December 31, 2007 was $3.9 million, or earnings per basic share on continuing operations of $0.50. This compares to a net income from continuing operations of $0.7 million, or earnings per basic share on continuing operations of $0.10 for the quarter ended December 31, 2006.

Revenue for the nine months ended December 31, 2007 was $95.4 million, a 17% increase over revenue of $81.2 million in the nine months ended December 31, 2006. Net income from continuing operations for the nine months ended December 31, 2007 was $6.3 million, or earnings per basic share on continuing operations of $0.85. This compares to a net income from continuing operations of $2.3 million, or earnings per basic share on continuing operations of $0.34 for the nine months ended December 31, 2006.

As a result of an equity financing transaction entered into during the quarter, the Company's balance sheet as of December 31, 2007 strengthened to show cash, cash equivalents and restricted cash of $58.0 million, total assets of $115.1 million, a current ratio of 3.3:1 and stockholders' equity of $49.2 million.

Roberta Lipson, Chindex CEO commented on the results for the quart
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