China Medical Technologies Reports FY2008 Fourth Fiscal Quarter and Full Year Unaudited Financi...( ...),Health

Date:9/1/2009

For the Years Ended March 31, March 31, 2008 2009 RMB RMB US$ (in thousands except for per ADS information) Revenues, net(1) 547,421 829,950 121,464 Cost of revenues (245,437) (219,337) (32,100) Gross profit 301,984 610,613 89,364 Operating expenses: Research and development (20,231) (31,450) (4,603) Acquired in-process research and development(3) (672) (244,872) (35,837) Sales and marketing (22,012) (55,956) (8,189) General and administrative(3) (70,939) (137,839) (20,173) Total operating expenses (113,854) (470,117) (68,802) Operating income (loss) 188,130 140,496 20,562 Other income 100 -- -- Interest income 28,650 32,354 4,735 Interest expense - convertible notes (39,149) (83,238) (12,182) Interest expense - amortization of convertible notes issuance costs (7,937) (14,387) (2,105) Interest expense - other (5,229) (4,240) (621) Income (loss) before income tax 164,565 70,985 10,389 Income tax expense (40,193) (73,042) (10,690) Income (loss) from continuing operations 124,372 (2,057) (301) Income from discontinued operation(2) 200,850 258,231
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SOURCE China Medical Technologies, Inc. Copyright©2009 PR Newswire. All rights reserved

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