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China Medical Technologies Reports Fourth Fiscal Quarter and Full Fiscal Year Financial Results
Date:6/1/2011

notes.(6) Non-GAAP numbers exclude interest expense for amortization of share lending costs. (7) Non-GAAP numbers exclude gain on repurchase of convertible notes.For the Three Months EndedMarch 31, 2010March 31, 2011RMB'000RMB'000US$'000Gain on repurchase of convertible notes24,0641,570240(8) Interest expense and amortization in connection with convertible notes were not added back in computing GAAP diluted earnings per ADS because they were anti-dilutive. Non-GAAP earnings per ADS represents non-GAAP net income divided by the weighted average number of ADSs used in computing basic and diluted earnings per ADS in accordance with GAAP.(9) As a result of the adoption of new authoritative guidance governing the accounting for own-share lending arrangements in contemplation of convertible debt issuance or other financing, effective on April 1, 2010,  the Company adjusted relevant numbers in the unaudited condensed consolidated statements of income for the three months ended March 31, 2010 retrospectively in accordance with GAAP.China Medical Technologies, Inc.Unaudited Condensed Consolidated Statements of Income andReconciliations of GAAP Measures to Non-GAAMeasuresFor the Year EndedFor the Year EndedMarch 31, 2010March 31, 2011GAAPAdjustmentsNon-GAAPGAAPAdjustmentsNon-GAAPRMBRMBRMBRMBRMBRMBAs adjusted
(9)(in thousands except for per ADS information)Net revenues (1)

723,071-723,071842,366-842,366Cost of revenues (2)

(237,550)89,720(147,830)(334,682)169,086(165,596)Gross profit

485,52189,720575,241507,684169,086676,770Operating expensesResearch anddevelopment (3)

(42,293)6,335(35,958)(46,469)4,946(4
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SOURCE China Medical Technologies, Inc.
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