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China Medical Technologies Reports Second Quarter Financial Results
Date:11/20/2007

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recognition of a deferred credit and the decrease in goodwill and

deferred income taxes liabilities based on the final purchase price

allocation in connection with FISH acquisition upon completion of

independent valuation.

China Medical Technologies, Inc.

Unaudited Condensed Consolidated Statements of Income

For the Three Months Ended

June 30,

September 2007 September 30,

30, 2006 Restated(2) 2007

RMB RMB RMB US$

(in thousands except for per ADS

information)

Revenues, net (1) 131,411 151,490 214,896 28,680

Cost of revenues (36,973) (64,364) (82,687) (11,036)

Gross profit 94,438 87,126 132,209 17,644

Operating expenses:

Research and development (8,377) (9,779) (8,096) (1,081)

Sales and marketing (4,457) (5,755) (6,618) (883)

General and administrative (12,026) (13,946) (20,929) (2,793)

Total operating expenses (24,860) (29,480) (35,643) (4,757)

Operating income 69,578 57,646 96,566 12,887

Other income 1,100 100 -- --

Interest income 7,970 8,694 7,785 1,039

Interest expense -

convertible notes -- (10,078) (9,920) (1,324)

Interest expense - other -- (1,569) (1,180) (157)

Amortization of convertible

notes issuance cost
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SOURCE China Medical Technologies, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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