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Chindex International, Inc. Reports Second Quarter and First Half Fiscal 2010 Financial Results
Date:11/9/2009

BETHESDA, Md., Nov. 9 /PRNewswire-Asia/ -- Chindex International, Inc. ("Chindex") (Nasdaq: CHDX), a leading independent American provider of Western healthcare products and services in the People's Republic of China, today announced results for the second quarter and first half of fiscal 2010, which ended September 30, 2009.

    Financial Highlights:
    -- Revenue in the second quarter of fiscal 2010 was $38.1 million, flat on
       a year over year basis;
    -- Net income in the second quarter of fiscal 2010 was $538,000, or $0.03
       per diluted share, compared to net income of $862,000, or $0.05 per
       diluted share, in the second quarter of fiscal 2009;
    -- Revenue in the first half of fiscal 2010 increased 19% to $83.5 million
       from $70.2 million during the first half of fiscal 2009;
    -- Net income in the first half of fiscal 2010 increased to $3.8 million,
       or $0.24 per diluted share, from $700,000, or $0.04 per diluted share,
       in the year over year period;

Roberta Lipson, President and CEO of Chindex stated, "We are pleased with our financial results for the first half of fiscal year 2010, which puts us on track to meet our full year expectations. Our second quarter reflects continued growth in the Healthcare Services division, offset by disruption related to construction at our Beijing facility. The Medical Products division is always subject to quarterly variations, and this quarter we encountered regulatory delays on high-value medical equipment purchases, although this does not undermine the significant excitement we see in the marketplace for our products, particularly for daVinci. As we enter the back half of the fiscal year, we remain extremely well-positioned to capitalize on China's premium-quality healthcare services market, continued economic vibrancy and opportu
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SOURCE Chindex International, Inc.
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