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WuXi PharmaTech Announces Fourth Quarter and Full Year 2007 Results
Date:3/12/2008

ollars, except ADS and per ADS data)

Three Months Ended Year Ended

December 31, December 31,

2007 2006 2007 2006

Net revenues:

Laboratory services 28,845 21,674 102,384 59,776

Research Manufacturing 8,250 1,172 32,821 10,165

Total net revenues 37,095 22,846 135,205 69,941

Cost of revenues:

Laboratory services (15,918) (9,191) (52,416) (26,520)

Research Manufacturing (5,265) (852) (19,931) (9,109)

Total cost of revenues (21,183) (10,043) (72,347) (35,629)

Gross Profit 15,912 12,803 62,858 34,312

Operating expenses:

Selling and marketing expenses (650) (643) (2,333) (1,841)

General and administrative

expenses (5,915) (7,961) (30,330) (22,344)

Total operating expenses (6,565) (8,604) (32,663) (24,185)

Operating income 9,347 4,199 30,195 10,127

Other income (expenses), net:

Other income (expenses), net 1,593 (73) 2,435 35

Interest income (expenses), net 2,182 (92) 2,771 (912)

Total other income (expenses), net 3,775 (165) 5,206 (877)

Income before income taxes 13,122 4,034 35,401 9,250

Income taxes (991) (66) (1,498) (397)

Net income 12,131 3,968 33,903 8,853

Income (loss) attributable to

holders of ADS:

Basic 12,131 2,313 21,655 (35,148)

Diluted 12,131
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SOURCE WuXi PharmaTech (Cayman) Inc.
Copyright©2008 PR Newswire.
All rights reserved

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