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Mindray Medical International Announces Full Year and Fourth Quarter 2007 Results
Date:3/5/2008

Full Year Revenue Up 47.3% and Net Income Up 63.5% Compared to 2006

Company Declares Cash Dividend of US$0.18 Per Share

SHENZHEN, China, March 5 /Xinhua-PRNewswire-FirstCall/ -- Mindray Medical International Limited (NYSE: MR), a leading developer, manufacturer and marketer of medical devices in China with a rapidly growing international presence, today announced its selected unaudited financial results for the fourth quarter and full year ended December 31, 2007.

Highlights for the Full Year 2007

-- Full year 2007 net revenues were RMB2,230.9 million (US$305.8 million),

an increase of 47.3% over the full year 2006.

-- Net revenues generated in international markets in the full year

2007 increased 53.3% to RMB1,128.0 million (US$154.6 million)

from RMB735.6 million in the full year 2006.

-- Net revenues generated in China in the full year of 2007 increased

41.5% to RMB1,102.9 million (US$151.2 million) from RMB779.4 million

in the full year 2006.

-- Full year 2007 non-GAAP net income, as defined below, was RMB672.0

million (US$92.1 million), an increase of 61.2% from RMB416.8 million

in the full year 2006. Full year GAAP net income was RMB591.6 million

(US$81.1 million), an increase of 63.5% from RMB361.8 million in the

full year 2006.

-- Full year 2007 non-GAAP diluted earnings per share, as defined below,

was RMB5.95 (US$0.82). Full year 2007 GAAP diluted earnings per share

was RMB5.23 (US$0.72).

Highlights for Fourth Quarter 2007

-- Fourth quarter 2007 net revenues were RMB673.8 million (US$92.4

million), an increase of 41.2% over the fo
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SOURCE Mindray Medical International Limited
Copyright©2008 PR Newswire.
All rights reserved

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