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China Medical Technologies Reports Second Fiscal Quarter Financial Results
Date:11/18/2011

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

201,834-201,834238,450-238,450Cost of revenues (2)

(90,477)49,539(40,938)(83,713)47,523(36,190)Gross profit

111,35749,539160,896154,73747,523202,260Operating expensesResearch anddevelopment (3)

(10,877)1,145(9,732)(11,014)607(10,407)Sales and marketing (3)

(21,473)204(21,269)(30,183)191(29,992)General andadministrative (3)

(25,048)7,772(17,276)(21,877)4,673(17,204)Total operating expenses

(57,398)9,121(48,277)(63,074)5,471(57,603)Operating income

53,95958,660112,61991,66352,994144,657Interest income

5,119-5,1198,820-8,820Interest expense –convertible notes (4)

(32,019)7,221(24,798)(32,699)908(31,791)Interest expense – 
amortization of 
convertible notes 
issuance costs

(3,906)-(3,906)(3,943)-(3,943)Interest expense –amortization ofshare lending costs (5)

(2,456)2,456-(2,312)2,312-Other income (expense),net

(1,802)-(1,802)1,193-1,193Income beforeincome tax

18,89568,33787,23262,72256,214118,936Income tax expense

(21,831)-(21,831)(29,379)-(29,379)Net income (loss)

(2,936)68,33765,40133,34356,21489,557Earnings (loss) per ADS- basic (6)

(0.11)2.612.501.262.123.38- diluted (6)

(0.11)2.612.501.262.123.38Weighted average
number of ADS- basic (6)

26,117,308-26,117,30826,495,308-26,495,308- diluted (6)

26,117,308-26,117,30826,513,672-26,513,672China Medical Technologies, Inc.Unaudited Condensed Consolidated Statements of Income<
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SOURCE China Medical Technologies, Inc.
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