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China Medical Technologies Reports First Quarter Financial Results


(1) The Company has revised preliminary purchase price allocation in

connection with FISH acquisition based on revised internal valuation.

The final purchase price allocation will be determined when the

valuation by independent valuers is complete.

China Medical Technologies, Inc.

Unaudited Condensed Consolidated Statements of Income

For the Three Months Ended

June 30, March 31,

2006 2007 June 30, 2007


(in thousands except for per ADS information)

Revenues, net

(1) 90,948 163,103 151,490 19,901

Cost of

revenues (26,617) (43,766) (57,496) (7,553)

Gross profit 64,331 119,337 93,994 12,348



Research and

development (5,861) (7,960) (9,779) (1,285)

Sales and

marketing (4,161) (5,395) (5,755) (756)

General and

Administrative (11,528) (18,259) (13,946) (1,832)



expenses (21,550) (31,614) (29,480) (3,873)


income 42,781 87,723 64,514 8,475

Other income -- 2,300 100 13


income 7,743 15,143 8,694 1,142




notes -- (10,183) (10,078) (1,324)



other -- -- (

SOURCE China Medical Technologies, Inc.
Copyright©2007 PR Newswire.
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