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China Medical Technologies Reports Third Fiscal Quarter Financial Results
Date:3/3/2010

RMB RMB RMB RMB US$ As As previously adjusted(3) reported (in thousands except for per ADS information) Revenues (1) 225,296 225,296 166,066 172,320 25,245 Cost of revenues (58,715) (58,715) (57,517) (62,996) (9,229) Gross profit 166,581 166,581 108,549 109,324 16,016 Operating expenses: Research and development (8,304) (8,304) (9,500) (10,738) (1,573) Acquired in-process research and development (244,872) (244,872) -- -- -- Sales and marketing (11,668) (11,668) (17,432) (19,058) (2,793) General and administrative (29,561) (29,561) (45,130) (25,844) (3,786) Amortization of SPR intangible assets (9,132) (9,132) (27,357) (27,343) (4,006) Total operating expenses (303,537) (303,537) (99,419) (82,983) (12,158) Operating income/ (loss) (136,956) (136,956) 9,130 26,341 3,858 Interest income 12,448 12,448 2,196 4,332 635 Interest expense - convertible notes(3) (27,856) (35,009) (35,439) (35,421) (5,189) Interest expense - amortization of convertible notes issuance costs(3) (4,652) (4,386) (4,381) (4,378) (641) Interest expense - other (1,165) (1,165) -- -- -- Other income/ (expense), net 578 578 (255) 225 33 Loss before income tax (157,603) (164,490) (28,749) (8,901) (1,304) Income tax expense (13,915) (13,915) (18,343)
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SOURCE China Medical Technologies, Inc.
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