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Winner Medical Reports Fourth Quarter and Full Year Fiscal 2008 Results
Date:12/9/2008

s 2,045,111 1,561,721 5,563,166 5,662,391 Income taxes (478,317) (87,750) (591,118) 15,015 Income before minority interests 1,566,794 1,473,971 4,972,048 5,677,406 Minority interests 30,344 13,276 94,247 (52,552) Net income 1,597,138 1,487,247 5,066,295 5,624,854 Other comprehensive income Foreign currency translation difference 517,452 765,344 6,290,969 2,907,981 Comprehensive income 2,114,590 2,252,591 11,357,264 8,532,835 Net income per share - basic 0.03 0.04 0.11 0.13 - diluted 0.03 0.04 0.11 0.13 Weighted average common stock outstanding - basic 44,727,171 44,677,171 44,727,171 44,677,171 - diluted 44,946,068 44,677,171 44,946,068 44,677,171 Winner Medical Group Inc. Consolidated Balance Sheets September 30, 2008 2007 US$ US$ ASSETS Current assets: Cash and cash equivalents 6,462,505 6,377,488 Restricted deposits 126,749 -- Accounts receivable, less allowances for doubtful accounts of US$100,964 and US$36,832 at September 30, 2008 and 2007 respectively 13,516,688 11,279,810 Amounts due from affiliated companies 349,359 405,919 Inventories 15,839,587 11,483,442 Prepaid ex
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SOURCE Winner Medical Group Inc.
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