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

US$US$(in thousands except for per ADS information)Net revenues (1)

128,639-128,639Cost of revenues (2)

(51,110)25,822(25,288)Gross profit

77,52925,822103,351Operating expensesResearch and development (3)

(7,096)755(6,341)Sales and marketing (3)

(13,466)103(13,363)General and administrative (3)

(14,747)4,757(9,990)Amortization of SPR intangible assets (4)

(4,173)4,173-Total operating expenses

(39,482)9,788(29,694)Operating income

38,04735,61073,657Interest income

3,189-3,189Interest expense – convertible notes (5)

(20,145)3,455(16,690)Interest expense – amortization ofconvertible notes issuance costs

(2,445)-(2,445)Interest expense – amortization ofshare lending costs (6)

(1,486)1,486-Other income (expense), net (7)

9,786(11,469)(1,683)Income before income tax

26,94629,08256,028Income tax expense

(14,329)-(14,329)Net income

12,61729,08241,699Earnings per ADS- basic (8)

0.481.121.60- diluted (8)

0.481.111.59Weighted average number of ADS- basic (8)

26,114,768-26,114,768- diluted (8)

26,280,000-26,280,000For the convenience of readers, certain RMB amounts have been translated into U.S. dollars at the rate of
RMB6.5483 to US$1.00, the noon buying rate in New York City for cable transfers of RMB per U.S. dollar
as set forth in the H.10 weekly statistical release of the Federal Reserve Board, as of Thursday, March 31,
2011. No representation is made th
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SOURCE China Medical Technologies, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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