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

urth quarter 2006.

-- Net revenues generated in international markets in the fourth

quarter 2007 were RMB345.5 million (US$47.4 million), an increase of

37.3% from RMB251.6 million in the fourth quarter 2006.

-- Net revenues generated in China in the fourth quarter 2007 were

RMB328.3 million (US$45.0 million), an increase of 45.4% from

RMB225.8 million in the fourth quarter 2006.

-- Fourth quarter 2007 non-GAAP net income was RMB185.4 million (US$25.4

million), an increase of 31.0% from RMB141.5 million in the fourth

quarter 2006. Fourth quarter 2007 GAAP net income was RMB157.9 million

(US$21.7 million), an increase of 49.1% from RMB106.0 million in the

fourth quarter 2006.

-- Fourth quarter 2007 non-GAAP diluted earnings per share was RMB1.63

(US$0.22). Fourth quarter 2007 GAAP diluted earnings per share was

RMB1.39 (US$0.19).

"We are proud of our performance in our first full year as a public company," said Mr. Xu Hang, Mindray's chairman and co-chief executive officer. "In 2007, we delivered 47 percent revenue growth over last year and net income growth was even higher at 63 percent."

Financial Results for Full Year and Fourth Quarter 2007

Mindray reported net revenues of RMB2,230.9 million (US$305.8 million) for the full year 2007, a 47.3% increase from RMB1,515.0 million 2006. Mindray reported net revenues of RMB673.8 million (US$92.4 million) for the fourth quarter 2007, a 41.2% increase from RMB477.4 million in the fourth quarter 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 2006. Net revenues generated in international markets in the fourth quarter 2007 increased 37.3% to RMB345.5 million (US$47.4 million) from RMB251.6 million in the fourth quarter 2006.

Net revenues generated in Ch
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SOURCE Mindray Medical International Limited
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