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Winner Medical Reports First Quarter Fiscal 2009 Results
Date:2/13/2009

SHENZHEN, China, Feb. 13 /PRNewswire-Asia/ -- Winner Medical Group Inc. (OTC Bulletin Board: WMDG) (''Winner Medical'', or the ''Company''), today reported unaudited financial results for the first quarter ended December 31, 2008. The Company's results are detailed in its form 10-Q, filed today with the United States Securities and Exchange Commission.

    First Quarter 2009 Highlights
    -- Total net sales revenue increased by 33.14% over the first quarter of
       fiscal 2008 to $25.73 million
    -- Gross profit increased by 37.56% over the first quarter of fiscal 2008
       to $6.60 million
    -- Operating income increased by 37.73% over the first quarter of fiscal
       2008 to $1.74 million
    -- Net income increased by 26.94% over the first quarter of fiscal 2008 to
       $1.48 million
    -- Net income per share for the first quarter of 2009 was $0.03 per basic
       and diluted share, compared to $0.03 per basic and diluted share for
       the first quarter of fiscal 2008

Jianquan Li, Chairman and Chief Executive Officer of Winner Medical, commented, ''we are pleased to announce another quarter of strong sales growth, driven by increased orders of our traditional products, including medical care, wound care and home care products, particularly from customers in the US and Europe. Despite the negative effect of the appreciation of the RMB and the global economic crisis, we are able to maintain a stable gross margin and net margin through implementing cost control measures and equipment technical improvements that optimize production efficiency.''

Mr. Li continued, ''Our PurCotton(TM) products performed solidly, with total sales of $0.84 million in the first quarter of fiscal 2009. We will further strengthen marketing efforts for PurCotton(TM) and we believe the growing sales of this new product will be a complementary growth driver to our traditional products over t
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SOURCE Winner Medical Group Inc.
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