ChinaScope Fina...'s  Instablog

ChinaScope Financial
Send Message
ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
My company:
ChinaScope Financial
My blog:
ChinaScope Daily Dim Sum
  • CCM - Concord Medical Services 2012 Net Income CNY 136 Mn 0 comments
    Mar 21, 2013 11:15 PM | about stocks: CCM
    Prepared by ChinaScope Financial | Source: Company Disclosure
    • Concord Medical Services Holdings (CCM: NYSE) reported on March 20 that in the fourth quarter of 2012 (12Q4), company net revenue amounted to CNY 223 million, or USD 35.8 million, up 95.1 percent year-on-year (YoY). Of the total net revenue, USD 18.8 million was contributed by the network business and USD 17 million was derived from Chang'an Hospital. Company net income for 12Q4 was CNY 33.6 million, or USD 5.4 million, a turnaround from the net loss of CNY 310 million, or USD 49.3 million, for 11Q4.
    • In 2012, Concord Medical Services generated total net revenue of CNY 672 million, or USD 108 million, up 49.3 percent YoY. Company net income for 2012 was CNY 136 million, or USD 21.9 million, an improvement from the net loss of CNY 211 million for 2011.
    • Concord Medical Services expects to generate total net revenue of CNY 930-980 million in 2013, representing a YoY increase of 38-45 percent.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: CCM
Back To ChinaScope Financial's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.