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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