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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

(0.84) 0.35 0.05 - diluted 1.87 (0.84) 0.35 0.05 Non-GAAP earnings from continuing operations per ADS - basic 4.58 1.74 1.98 0.29 - diluted (1) 4.57 1.74 1.98 0.29 Weighted average number of ADS - basic 26,287,974 26,262,471 25,993,349 25,993,349 - diluted (1) 26,347,906 26,262,471 26,050,599 26,050,599 Notes: (1) Interest expense and amortization in connection with convertible notes were not added back in computing non-GAAP diluted earnings from continuing operations per ADS because they were anti-dilutive. (2) 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 for the three months ended and the year ended March 31, 2009 retrospectively in accordance with GAAP. China Medical Technologies, Inc. Reconciliations of GAAP measures to Non-GAAP measures (cont.) For the Year Ended March 31, 2009 March 31, 2010 RMB RMB US$ As adjusted (2) (in thousands except for per ADS information) Gross profit 597,379 485,521 71,131 Adjustment: Amortization of acquired intangible assets 90,077 89,720 13,144 Non-GAAP gross profit 687,456 575,241 84,275 Gross margin 72.0% 67.1% 67.1% Non-GAAP gross margin
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SOURCE China Medical Technologies, Inc.
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