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Mindray Announces First Quarter 2009 Financial Results
Date:5/11/2009

5 Net revenues 87,428 134,165 Cost of revenues (note 2) (38,002) (59,424) Gross profit 49,426 74,741 Selling expenses (note 2) (10,484) (21,789) General and administrative expenses (note 2) (2,620) (8,797) Research and development expenses (note 2) (8,422) (14,745) Operating income 27,900 29,410 Other income (loss), net 502 (432) Interest income 2,358 1,620 Interest expense (5) (1,025) Income before income taxes and minority interests 30,755 29,573 Provision for income taxes (5,703) (4,232) Minority interests -- -- Net Income 25,052 25,341 Basic earnings per share 0.23 0.23 Diluted earnings per share 0.22 0.23 Shares used in the computation of: Basic earnings per share 106,962,659 107,872,202 Diluted earnings per share 112,998,260 112,118,964 (2) Share-based compensation charges incurred during the period related to: Cost of revenues 110 131 Selling expenses 805 1,051 General and administrative expenses 571 953 Research and development expenses
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SOURCE Mindray Medical International Limited
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