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WuXi PharmaTech Announces Fourth-Quarter and Full-Year 2009 Results
Date:3/8/2010

2008 2009 2008 % Change 2009 (Note 2) % Change Net revenues: Laboratory Services 67,540 57,423 18% 249,909 205,028 22% Manufac- turing Services 6,337 7,025 (10%) 20,110 48,457 (58%) Total net revenues 73,877 64,448 15% 270,019 253,485 7% Cost of revenues: Laboratory Services (39,363) (38,591) 2% (145,153) (124,723) 16% Manufac- turing Services (5,278) (5,583) (5%) (16,461) (32,420) (49%) Total cost of revenues (44,641) (44,174) 1% (161,614) (157,143) 3% Gross profit: Laboratory Services 28,177 18,832 50% 104,756 80,305 30% Manufac- turing Services 1,059 1,442 (27%) 3,649 16,037 (77%) Total gross profit 29,236 20,274 44% 108,405 96,342 13% Operating expenses: Selling and marketing expenses (2,129) (2,156) (1%) (7,447) (7,371) 1% General and admini- strative expenses (13,520) (14,321) (6%) (48,829) (49,400) (1%) Impairment charge -- (60,497) (100%) -- (60,497) (100%) Total operating expenses (15,649) (76,974) (80%) (56,276) (117,268) (52%) Operating income 13,587 (56,700) * 52,129 (20,926) * Other income (expenses), net: Other income (expenses), net (453) 1,586 * 6,776 1,046 * Interest income (expenses), net 102 270 (62%) 57 913 (94%) Total other inc
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SOURCE WuXi PharmaTech (Cayman) Inc.
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