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

Net income per share - basic 0.03 0.03 - diluted 0.03 0.03 Weighted average common stock outstanding - basic 44,727,171 44,727,171 - diluted 45,002,116 44,852,550 Winner Medical Group Inc. Consolidated Balance Sheets December 31 September 30 2008 2008 (Unaudited) (Unaudited) US$ US$ ASSETS Current assets: Cash and cash equivalents 7,734,831 6,462,505 Restricted bank deposits 127,759 126,749 Accounts receivable, less allowances for doubtful accounts of US$75,656 and US$100,964 at December 31, 2008 and September 30, 2008, respectively 12,889,242 13,516,688 Amounts due from affiliated companies 302,847 349,359 Inventories 17,362,728 15,839,587 Prepaid expenses and other current assets 3,621,245 4,734,503 Income taxes recoverable 36,007 99,126 Deferred tax assets 224,291 207,798 Total current assets 42,298,950 41,336,315 Property, plant and equipment, net 57,257,251 57,937,881 Held-for-sale asset -- 607,423 Investment in equity investees 1,608,724 1,518,848
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SOURCE Winner Medical Group Inc.
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