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Mindray Medical International Announces Second Quarter 2008 Results
Date:9/3/2008

hareholders' equity:

Ordinary shares 13 14

Additional paid-in capital 260,107 268,333

Retained earnings 94,466 124,310

Accumulated other comprehensive loss 19,436 39,067

Total shareholders' equity 374,022 431,724

Total liabilities and shareholders' equity 446,714 700,212

MINDRAY MEDICAL INTERNATIONAL LIMITED

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

Three months ended June 30, Six months ended June 30

2007 2008 2007 2008

US$ US$ US$ US$

(unaudited) (unaudited) (unaudited) (unaudited)

(In thousands, except (In thousands, except

share and per share data) share and per share data)

Net revenues

-PRC 36,280 57,846 63,159 100,637

- International 36,752 87,821 64,317 132,458

Net revenues 73,032 145,667 127,476 233,095

Cost of revenues (note

2) (32,104) (68,695) (55,985) (106,697)

Gross profit 40,928 76,972 71,491 126,398

Selling expenses (note

2) (10,529) (20,639) (16,722) (31,123)

General and

administrative

expenses (note 2) (2,714) (9,588) (5,700) (12,202)

Research and

development expenses

(note 2) (6,407) (12,322) (11,726) (20,744)

Expense of in-progress

research &

development
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SOURCE Mindray Medical International Limited
Copyright©2008 PR Newswire.
All rights reserved

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