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Concord Medical Reports Third Quarter 2011 Financial Results
Date:11/14/2011

could have a material adverse effect on the Company's business, financial condition, and results of operations in 2011 and future periods.

Notes

  1. This news release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of the reader and do not represent the Company's financial performance accounted in US dollars, since its accounting and primary reporting are in RMB, the currency of the People's Republic of China. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB6.3780 to US$1.00, the effective noon buying rate as of September 30, 2011 in The City of New York for cable transfers of RMB as certified for customs purposes by the Federal Reserve Bank of New York.
  2. Non-GAAP net income is defined in this news release as net income excluding share-based compensation expenses. Share-based compensation was RMB2.3 million ($0.36 million) in the third quarter 2011 and RMB2.6 million in the third quarter 2010. Share-based compensation was RMB6.9 million ($1.1 million) in the first nine months 2011 and RMB7.8 million in the first nine months 2010.
  3. Adjusted EBITDA is defined in this news release as net income plus interest expense, income taxes, depreciation and amortization, share-based compensation expenses, and other adjustments, including foreign exchange gains or losses and other income.

Conference Call on November 15Concord Medical will hold an earnings conference call at 8:00 a.m. Eastern Standard Time (New York) on November 15, 2011, which is also 9:00 p.m. in Beijing and Hong Kong on the same day.

Dial-in details for the earnings conference call are as follows: U.S. Toll Free Number:  

1 866 519 4004International Dial-in Number:

1 718 354 1231U.K. Toll Free Number:

80 8234 6646Hong Kong Toll Free Number:

800 93 0346China Toll Free Number:'/>"/>

SOURCE Concord Medical Services Holdings Limited
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