China Health Labs & Diagnostics Ltd. Announces Conference Call to Discuss Results of the Year Ended December 31, 2011
April 10 2012 - 9:00AM
PR Newswire (Canada)
Financial Results for the Year Ended December 31, 2011 to be
Released on April 16, 2012 TSX-V: CHO OTCQX: CHLBF
www.chinahealthlabs.com TORONTO, April 10, 2012 /CNW/ - China
Health Labs & Diagnostics Ltd. ("China Health" or the
"Company") , is pleased to announce that it will be releasing the
results of the fiscal year ended December 31, 2011 on April 16,
2012 after market close, and will be hosting an investor conference
call on Tuesday, April 17, 2012 at 10:00am (Eastern Time). The
purpose of this conference call will be to provide investors with
an update of the year end results of the Company.
Representing China Health on the conference call will be: Mr.
Shiping (Wilson) Yao, President and Chief Executive Officer Ms.
Judyanna Chen, Chief Financial Officer Mr. Kim Oishi, Member of the
Board of Directors Mr. Chao Zhang, Vice President, Finance
Following the update, a question and answer session will be held.
To participate, the dial-in instructions are as follows: DATE:
Tuesday, April 17, 2012 TIME: 10:00am, Eastern Time Participant
Dial-In Number(s): North America Toll-Free Dial-In Number: 1 (888)
231-8191 For Toronto and International Callers: 1 (647) 427-7450 A
Taped Replay will be available from 12:00 pm Eastern Time on April
17, 2012 to 11:59 pm Eastern Time on May 1, 2012. Taped Replay Toll
Free Number: 1.855.859.2056 Taped Replay Local Dial-in Numbers:
(778) 371-8506 (416) 849-0833 (514) 807-9274 (403) 451-9481 (613)
667-0035 (902) 455-3955 Taped Replay Password: 70515797 About China
Health Labs & Diagnostics Ltd. China Health, operating in China
as the Biochem Group, is a leading diagnostic lab solution provider
for the public healthcare industry in China. The Company develops
and sells Biochem Group branded and third-party medical diagnostic
products and services to diagnostic facilities in China. Customers
include large urban hospitals, rural hospitals, Chinese military
and rescue operations, the Beijing government and third-party
distributors. In 2010, China Health had revenues of approximately
$33.7 million, and intends to expand its business by focusing its
efforts on expanding its sales network in three areas where it
provides proprietary solutions, has limited competition and which
are supported by Chinese government policies and budgets: BK
Clinlab total lab solutions for rural hospitals and clinics, POCT
solutions for military and emergency rescue services, and food
safety solutions for large cities in China. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING INFORMATION This press release contains
forward-looking statements and information that are based on the
beliefs of management and reflect China Health's current
expectations. When used in this press release, the words
"estimate", "project", "belief", "anticipate", "intend", "expect",
"plan", "predict", "may" or "should" and the negative of these
words or such variations thereon or comparable terminology are
intended to identify forward-looking statements and
information. The forward-looking statements and information
in this press release includes information relating to the
expansion of the Company's business through its sales network in
areas where it has proprietary products, limited competition and
strong government support. The forward-looking information is
based on certain assumptions, which could change materially in the
future, including the assumption that the Company will be able to
expand its sales network and business. Such statements and
information reflect the current view of China Health with respect
to risks and uncertainties that may cause actual results to differ
materially from those contemplated in those forward-looking
statements and information. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause our actual results, performance or
achievements, or other future events, to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include,
among others, the risk that the Company may not be able to expand
its business as expected through its sales network in any of the
areas in which it has proprietary products, limited competition and
strong government support. China Health cautions that the
foregoing list of material factors is not exhaustive. When
relying on China Health's forward-looking statements and
information to make decisions, investors and others should
carefully consider the foregoing factors and other uncertainties
and potential events. China Health has assumed a certain
progression, which may not be realized. It has also assumed
that the material factors referred to above will not cause such
forward-looking statements and information to differ materially
from actual results or events. However, the list of these
factors is not exhaustive and is subject to change and there can be
no assurance that such assumptions will reflect the actual outcome
of such items or factors. THE FORWARD-LOOKING INFORMATION CONTAINED
IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF CHINA HEALTH
AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT
TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE
IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON
THIS INFORMATION AS OF ANY OTHER DATE. WHILE CHINA HEALTH MAY
ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY
PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE
LAWS. CHINA HEALTH LABS & DIAGNOSTICS CONTACT: Judyanna
ChenChief Financial OfficerChina Health Labs & Diagnostics
Ltd.T: (416) 865-3351Email: jchen@chinahealthlabs.comBabak
PedramInvestor RelationsTMX Equicom GroupT: (416) 815-0700 ext.
264Email: bpedram@equicomgroup.com
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