Chindex International, Inc. Announces Results for the Quarter and Six Months Ended Septembe...( BETHESDA Md. Nov. 7 /Xinhua-- Chi...),Health

BETHESDA, Md. Nov. 7 /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 six months ended September 30, 2007, including a 86% increase and a 76% increase respectively, in net income.

Revenue for the quarter ended September 30, 2007 was $32.7 million, a 23% increase over revenue of $26.5 million in the quarter ended September 30, 2006. Net income from continuing operations for the quarter ended September 30, 2007 was $1.6 million, or earnings per basic share on continuing operations of $0.22. This compares to a net income from continuing operations of $1.1 million, or earnings per basic share on continuing operations of $0.17 for the quarter ended September 30, 2006.

Revenue for the six months ended September 30, 2007 was $59.4 million, a 17% increase over revenue of $50.9 million in the six months ended September 30, 2006. Net income from continuing operations for the six months ended September 30, 2007 was $2.4 million, or earnings per basic share on continuing operations of $0.33. This compares to a net income from continuing operations of $1.7 million, or earnings per basic share on continuing operations of $0.25 for the six months ended September 30, 2006.

The Company's balance sheet as of September 30, 2007 shows cash, cash equivalents and restricted cash of $14.3 million, total assets of $67.7 million, a current ratio of 1.8:1 and stockholders' equity of $32.3 million.

Roberta Lipson, Chindex CEO commented on the results for the quarter: "Our continuing bottom line performance on a consolidated basis this quar
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