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Mindray Announces Third Quarter 2010 Financial Results
Date:11/8/2010

607)

(69,287)

(193,536)

(207,660)Gross profit

85,521

98,987

251,817

285,674Selling expenses (note 2)

(24,805)

(30,215)

(73,004)

(81,066)General and administrative expenses (note 2)

(11,291)

(15,221)

(31,524)

(42,864)Research and development expenses (note 2)

(14,168)

(14,802)

(43,636)

(43,553)Realignment costs — post acquisition

(1,030)

-

(1,030)

-Operating income

34,227

38,749

102,623

118,191Other income , net

18,719

60

19,071

137Interest income

1,776

4,157

4,717

8,670Interest expense

(1,091)

(620)

(3,881)

(2,463)Income before income taxes and non-controlling interests

53,631

42,346

122,530

124,535Provision for income taxes

(10,209)

(6,408)

(20,753)

(10,118)Net Income

43,422

35,938

101,777

114,417Less: Net income attributable to non-controlling interests

-

-

-

-Net Income attributable to the Company

43,422

35,938

101,777

114,417Basic earnings per share

0.40

0.31

0.94

1.01Diluted earnings per share

0.38

0.30

0.90

0.97Shares used in the computation of:Basic earnings per share

108,845,481

114,489,052

108,337,457

113,351,832Diluted earnings per share

113,374,202

117,884,600

112,671,743

117,396,900(2) Share-based compensation charges incurred during the period related to:Cost of revenues

124

61

373

246Selling expenses

878

570

2,858

1,860General and administrative expenses

832

486

2,574

1,256Research and development expenses

802

771

2,444

2
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SOURCE Mindray Medical International Limited
Copyright©2010 PR Newswire.
All rights reserved

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