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China Medical Technologies Reports Financial Results for Fourth Fiscal Quarter and Full Year ended March 31, 2010
Date:6/4/2010

0 - Research and development 2,338 1,592 1,440 211 - General and administrative 11,581 8,642 9,252 1,355 13,919 10,234 10,692 1,566 (4) In computing diluted earnings from continuing operations per ADS, interest expense and amortization in connection with convertible notes were not added back in computing diluted earnings from continuing operations per ADS because they were anti-dilutive. (5) As a result of the adoption of new authoritative guidance changing the accounting for convertible instruments that can be settled in cash or partially in cash upon conversion, the Company adjusted relevant numbers in the condensed consolidated statement of income for the three months ended and the year ended March 31, 2009 retrospectively in accordance with GAAP. China Medical Technologies, Inc. Unaudited Condensed Consolidated Statements of Income (cont.) For the Year Ended March 31, 2009 March 31, 2010 RMB RMB US$ As adjusted (5) (in thousands except for per ADS information) Revenues, net (1) 829,950 723,071 105,932 Cost of revenues (2) (232,571) (237,550) (34,801) Gross profit 597,379 485,521 71,131 Operating expenses: Research and development (2)(3) (31,450) (42,293) (6,196) Acquired in-process research and development (244,872) -- -- Sales and marketing (2) (42,722) (64,055) (9,384) General and administrative (2) (3)
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SOURCE China Medical Technologies, Inc.
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