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China Medical Technologies Reports Second Fiscal Quarter Financial Results
Date:11/17/2010

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41,399Convertible notes

2,777,086

2,556,014

2,528,848

377,976Deferred income taxes

67,134

72,518

78,408

11,720Total liabilities

3,105,373

2,895,222

2,884,241

431,095Shareholders' equityOrdinary shares US$0.1 par value:

500,000,000 authorized; 322,680,001 issued and outstanding as of March 31, 2010, June 30, 2010 and September 30, 2010

258,840

258,840

258,840

38,688Additional paid-in capital

808,221

820,778

830,016

124,058Treasury stock

(45,143)

(47,108)

(47,108)

(7,041)Accumulated other comprehensive loss

(70,556)

(70,731)

(74,412)

(11,122)Retained earnings

852,334

886,012

883,076

131,990Total shareholders' equity

1,803,696

1,847,791

1,850,412

276,573Total liabilities and shareholders' equity

4,909,069

4,743,013

4,734,653

707,668China Medical Technologies, Inc.Unaudited Condensed Consolidated Statements of IncomeFor the Three Months EndedSeptember 30, 2009June 30, 2010September 30, 2010RMBRMBRMBUS$   As adjusted (4)(in thousands except for per ADS information)Revenues, net (1)

166,066

186,170

201,834

30,167Cost of revenues (2)

(57,517)

(61,354)

(90,477)

(13,523)Gross profit

108,549

124,816

111,357

16,644Operating expensesResearch and development (2)

(9,500)

(10,632)

(10,877)

(1,625)Sales and marketing (2)

(17,432)

(18,266)

(21,473)

(3,209)General and administrative (2)

(45,130)

(25,149)

(25,048)

(3,744) Amortization of SPR intangible assets

(27,357)

(27,329)

-

-Total operating expenses

(99,419)

(81,376)


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SOURCE China Medical Technologies, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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