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Concord Medical Announces First Quarter 2011 Financial Results

rocess of completing an audit of the Company's U.S.
GAAP financial statements for 2010. These unaudited 2010 numbers disclosed in this announcement are,
therefore, subject to change.Concord Medical Services Holdings LimitedUnaudited Condensed Consolidated Statements of Income(in thousands, except per ADS data)For The Three Months EndedMarch 31, 2010 (*)March 31, 2011RMB


US$Revenue, netLease and management services






858Total net revenues

76,18187,40613,348Cost of revenuesDepreciation



(3,291)Amortization of acquired intangibles






(787)Total cost of revenues

(27,041)(32,724)(4,997)Gross profit49,14054,6828,351Operating expensesSelling expenses



(619)General and administrative expenses



(2,425)Operating income31,51834,7505,307Interest expenses



(226)Foreign exchange losses



(484)Gain from disposal of equipment



-Interest income



253Income before income taxes30,08131,7624,850Income tax expenses



(1,355)Net income21,57822,8893,495Net income attributable to noncontrolling interests



(81)Net income attributable to ordinary shareholders21,578


3,414Earnings per ADSBasic /Diluted



0.07Weighted average number of ADS outstanding:Basic /Diluted



47,451,177(*) Certain amounts in the prior year quarterly financial infor

SOURCE Concord Medical Services Holdings Limited
Copyright©2010 PR Newswire.
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