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China Medical Technologies Reports Financial Results for Fourth Fiscal Quarter and Full Year ended March 31, 2010

1Q FY2010 and FY2010, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

    For more information, please contact:

     Sam Tsang and Winnie Yam
     Tel:   +852-2511-9808

                       China Medical Technologies, Inc.
               Unaudited Condensed Consolidated Balance Sheets

                                                     As of
                                      March 31, 2009       March 31, 2010
                                              RMB          RMB         US$
                                                    (in thousands)
    Current assets
    Cash and cash equivalents             1,456,410      815,453     119,466
    Trade accounts receivable, net          343,037      303,368      44,444
    Inventories                              16,932       24,889       3,646
    Prepayments and other receivables        20,425       21,508       3,151
    Due from a related party                204,987      204,774      30,000
        Total current assets              2,041,791    1,369,992     200,707

    Property, plant and equipment, net      169,422      155,825      22,829
    Land use rights                           7,239        7
SOURCE China Medical Technologies, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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