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

-- (2,043) (2,011) (268)

Income before tax 78,648 52,750 91,240 12,177

Income tax expense (7,001) (7,927) (13,855) (1,849)

Net income 71,647 44,823 77,385 10,328

Earnings per ADS

- basic 2.62 1.71 2.95 0.39

- diluted (3) 2.62 1.70 2.88 0.38

Weighted average number of ADS

- basic 27,360,000 26,196,308 26,210,004 26,210,004

- diluted (3) 27,381,116 26,317,214 30,989,602 30,989,602

Notes:

(1) Revenues, net

- ECLIA 51,434 79,051 92,585 12,357

- FISH -- 14,442 30,801 4,111

- HIFU 79,977 57,997 91,510 12,212

131,411 151,490 214,896 28,680

(2) Adjustments have been made to restate certain numbers including the

increase in intangible assets and relevant amortization, the

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.

(3) In computing diluted earnings per ADS for the three months ended

September 30, 2007, interest expense and amortization in connection

with convertible notes were added back to net income before dividing

by the diluted number of ADS because potential shares from the

conversion of convertible notes were included. For the three months

ended June 30, 2007, the total number of potential shares to be

converted pursuant to the conversion of convertible notes was not
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SOURCE China Medical Technologies, Inc.
Copyright©2007 PR Newswire.
All rights reserved

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