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WuXi PharmaTech Announces Second Quarter 2008 Results
Date:8/13/2008

127,897 64,062 100%

Cost of revenues:

Laboratory services (47,096) (22,656)

Manufacturing services (34,445) (10,460)

Total cost of revenues (81,541) (33,116)

Gross Profit 46,356 30,946 50%

Operating expenses:

Selling and marketing expenses (3,359) (1,215) 176%

General and administrative expenses (23,610) (16,384) 44%

Total operating expenses (26,969) (17,599) 53%

Operating income 19,387 13,347 45%

Other income (expenses), net:

Other income (expenses), net 527 851

Interest income (expenses), net 495 (745)

Total other income (expenses), net 1,022 106

Income before income taxes 20,409 13,453 52%

Income taxes 1,972 (329)

Net income 22,381 13,124 71%

Amount attributed to:

Deemed dividend on issuance and

repurchase of preference shares -- (7,612)

Amounts allocated to preference shares

for participating rights to dividends -- (2,856)

Income attributable to holders of ADS

(Note 2):

Basic 22,381 2,656

Diluted 22,381 2,656

Basic earnings per ADS (Note 2) 0.36 0.11

Diluted earnings per ADS (Note 2) 0.31 0.09

Weighted average ADS outstanding -

basic (Note 2) 62,241,856 23,873,225

Weighted average ADS outstanding -

diluted (Note 2)
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SOURCE WuXi PharmaTech (Cayman) Inc.
Copyright©2008 PR Newswire.
All rights reserved

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Related medicine news :

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4. WestChina-Frontier PharmaTech Awarded Full AAALAC Accreditation
5. WuXi PharmaTech (NYSE: WX) Mourns the Tragic Loss of Its Independent Director Shawn Wang
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7. Princeton Professor David W. C. MacMillan Lectured WuXi PharmaTech Scientists
8. WuXi PharmaTech Announces Postponement of Proposed Follow-on Offering
9. Stanford Professor Barry M. Trost Visits WuXi PharmaTech and Gives Two Seminars
10. The First QPatch HT in China Placed in WuXi PharmaTech (NYSE: WX)
11. WuXi PharmaTech 2007 Annual Report Available Online
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