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Mindray Medical International Announces Full Year and Fourth Quarter 2007 Results


- PRC 225,760 328,306 45,007

- International 251,597 345,499 47,364

Net revenues 477,357 673,805 92,370

Cost of revenues (note 2) (220,396) (316,978) (43,454)

Gross profit 256,961 356,827 48,917

Selling expenses (note 2) (62,416) (99,007) (13,573)

General and administrative

expenses (note 2) (32,908) (25,914) (3,552)

Research and development

expenses (note 2) (45,966) (67,994) (9,321)

Expense of in-progress research

& development (31,835) -- --

Other general expenses 179 16 2

Operating income 84,015 163,928 22,472

Other income, net 7,483 6,190 849

Interest income 19,012 20,015 2,744

Interest expense (135) (24) (3)

Income before income taxes and

minority interests 110,375 190,109 26,062

Provision for income taxes (4,408) (32,160) (4,409)

Minority interests -- -- --

Net Income 105,967 157,949 21,653

Basic earnings per share 1.00 1.48 0.20

Diluted earnings per share 0.95 1.39 0.19

Shares used in the computation


Basic earnings per share 105,727,677 106,774,444 106,774,444

Diluted earnings per share 111,553,018 113,457,341 113,457,341


SOURCE Mindray Medical International Limited
Copyright©2008 PR Newswire.
All rights reserved

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