Navigation Links
Winner Medical Announces Preliminary Fiscal Fourth Quarter 2010 Results
Date:11/12/2010

SHENZHEN, China, Nov. 12, 2010 /PRNewswire -Asia/ -- Winner Medical Group Inc. (Nasdaq: WWIN; "Winner Medical"), a leading manufacturer of medical dressings, medical disposables and non-woven PurCotton® materials for the medical and consumer products industries in China, today announced preliminary, unaudited financial results for its fiscal fourth quarter and full year ended September 30, 2010. 2010 fiscal fourth quarter and year ended results are unaudited and subject to change.

Fiscal Fourth Quarter 2010 Results (Amounts in millions)Q4 FY2010Q4 FY2009% ChangeNet Sales

$28.2

$27.7

2.1%Cost of Sales

$19.4

$19.3

0.5%Gross Profit

$8.8

$8.4

5.8%Gross Margin

31.3%

30.2%

1.1%Net Income Attributable to Winner Medical Group Inc.

$3.1

$2.9

5.7%Fiscal 2010 Results "We maintained stable gross margins and delivered modest fourth-quarter operating results despite pressure from the European debt crisis, a parabolic increase in raw material prices, and a rising RMB, all of which occurred simultaneously," said Jianquan Li, Chairman and Chief Executive Officer of Winner Medical. "During the past year we have made significant progress on several of our growth initiatives which are evidenced in our full year results, which include stable gross margins. We are confident the actions we have taken will yield further operating benefits during 2011. Our brand and competitive position continues to improve as rising commodity costs drive smaller competitors out of business. As we raise prices and gain additional market share by expanding distribution in China and abroad, we are confident in achieving our revenue growth to our target rate of 20%-30% per annum."

Medical Business Update

Preliminary net sales to Europe grew approximat
'/>"/>

SOURCE Winner Medical Group Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. Next-Generation Pharmacist Winner Announced
2. Winners Announced in 2010 Collegiate Inventors CompetitionĀ®
3. ECRI Institute Names Kaiser Permanente Winner of 5th Annual Health Devices Achievement Award
4. Orthopedics This Week Announces 2010 Best Spine Technology Award Winners
5. Houston Technology Center Announces Winners of the Inaugural Goradia Innovation Prize
6. Winner Medical Launches Its Own PurCottonĀ® B2C Website
7. BMEStart Competition Winners Announced
8. AMM Names 2010 Doctors Choice Awards Winners
9. Nick Jonas and Bayer Diabetes Care Enable Winners of the Give Back. Simply Win. Contest to Realize Their Dream to Help Others
10. Winner Medical and U.S. Cotton Inc. Promote PurCotton(R) Brand in Shenzhen
11. Winner Medical Group Inc. to Present at the Rodman & Renshaw Annual Global Investment Conference on September 13 at 3:40 pm ET
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/23/2014)... , Sept. 23, 2014  MEDIMETRIKS PHARMACEUTICALS today ... William Resnick have been elected to Medimetriks, ... Mr. Lary, who will serve on Medimetriks, ... investment experience to the Company.  Mr. Lary is ... LLC, a leading institutional investment firm.  Mr. Lary ...
(Date:9/23/2014)... YORK , September 23, 2014 ... pioneer in computer-aided dysmorphology analysis will exhibit at the ... Diego, CA. FDNA will present the latest ... and reference solution, using facial analysis technology. Face2Gene facilitates ... of human malformations from facial photos. The ...
(Date:9/23/2014)... 23, 2014 According to ... Product (Radiofrequency, Ultrasound, Irreversible Electroporation, Cryotherapy, Microwave), Application ... - Global Forecasts to 2019", published by MarketsandMarkets, studies ... period of 2014 to 2019. The market is ... CAGR of 9.6% from 2014 to 2019. ...
Breaking Medicine Technology:Medimetriks Pharmaceuticals, Inc. Welcomes Independent Directors Andrew Lary and William Resnick to its Board of Directors 2FDNA to Exhibit at ASHG2014 Presenting Face2Gene Integrated With London Medical Databases (LMD) Online 2Ablation Technologies Market Worth $3.81 Billion by 2019 2Ablation Technologies Market Worth $3.81 Billion by 2019 3Ablation Technologies Market Worth $3.81 Billion by 2019 4
... Terumo Heart, Inc. today announced that NewYork-Presbyterian Hospital/ ... second U.S. center, and first in the Northeast, ... part of the DuraHeart Bridge-To-Transplant U.S. pivotal trial, ... in up to 40 centers nationwide. The ...
... The American Medical Association (AMA) Foundation announced today the 28 recipients of ... provides $2,500 grants to medical students, physician residents and fellows to conduct ... are conducting research in the following four categories: , , ... , HIV/AIDS , ...
Cached Medicine Technology:Terumo Heart, Inc. Reports Clinical Progress in the DuraHeart(TM) U.S. Pivotal Trial as NewYork-Presbyterian Hospital/Columbia University Medical Center Implants First Patient 2Terumo Heart, Inc. Reports Clinical Progress in the DuraHeart(TM) U.S. Pivotal Trial as NewYork-Presbyterian Hospital/Columbia University Medical Center Implants First Patient 3AMA Foundation Announces Seed Grant Research Recipients 2AMA Foundation Announces Seed Grant Research Recipients 3
(Date:9/23/2014)... 2014 World of Home Fitness is ... Most recently, the gym has been raising money to ... Throughout the year, World of Home Fitness has participated ... , Over the summer, World of Home Fitness raised ... Ageless Fitness program, participants helped feed seniors "one rep ...
(Date:9/23/2014)... Kathleen Doheny HealthDay Reporter ... at very low birth weights, breast milk is more likely ... infection known as cytomegalovirus (CMV), a new study finds. ... infants -- all of whom weighed 3.3 pounds or less ... of CMV infection, to see whether breast milk or transfusions ...
(Date:9/23/2014)... Avid collector Andrew Hawley, from Vintage Rock Posters, ... Seattle concert posters. The Doors were a smash hit after ... The Seattle Eagles Auditorium concert was held on July 23. ... Eagles Auditorium in November the same year. The artist that ... in three colors. The poster is a split fountain silkscreen ...
(Date:9/23/2014)... 23, 2014 (HealthDay News) -- The number of ... drugs is growing, so doctors need to be ... Drug Administration warned Tuesday. In a statement, ... that it has launched a program to educate ... about proper drug purchasing procedures. The program aims ...
(Date:9/23/2014)... (PRWEB) September 23, 2014 Vancouver Electrician ... now be offering commercial electrical services in Vancouver, BC. ... operations; whether it is a small maintenance project or ... its solution package to meet the needs of the ... the services will be of an affordable price. As ...
Breaking Medicine News(10 mins):Health News:World of Home Fitness Supports Meals on Wheels 2Health News:Breast Milk a Risk for Spreading Common Virus to Preemies, Study Finds 2Health News:Breast Milk a Risk for Spreading Common Virus to Preemies, Study Finds 3Health News:Pro Ace Now Offers Commercial Electrical Services in Vancouver 2
... , WASHINGTON , Jan. ... detailed concerns for congressional leaders to consider as they negotiate combining ... actuaries underscored the need to limit adverse selection, whether it is ... current design of a new federal long-term care insurance program better ...
... brought directly to trauma center, study finds , THURSDAY, Jan. ... the spines of trauma patients, to avoid a broken neck ... double the likelihood that gunshot and stabbing victims will die ... , The researchers, who report their findings in the January ...
... ... ... -- With flu experts predicting another wave of H1N1 flu, Blue Cross Blue Shield ... and covered by your BCBSMA health plan. BCBSMA members are able to receive the H1N1 ...
... , DUBLIN, Calif. , Jan. ... beauty devices, today announced distribution of its flagship product, TRIA ... nationwide, full-line, upscale department store; and a division of Macy,s, ... market, TRIA Beauty is committed to providing consumers with innovative ...
... PHILADELPHIA , Jan. 14 InstaMed announced ... first fully integrated and open Application Programming Interface (API) ... InstaMed,s industry leading platform and network.  There are currently ... practices and hospital accounts using InstaMed Connect, which was ...
... An Indiana University School of Optometry researcher,s ongoing work ... the world,s leading causes of blindness will advance with ... Institutes of Health. IU School of Optometry Professor ... will conduct patient studies at optometry clinics in Bloomington, ...
Cached Medicine News:Health News:Actuaries Detail Health Care Reform Concerns to Congressional Leaders 2Health News:Actuaries Detail Health Care Reform Concerns to Congressional Leaders 3Health News:Stabilizing Spine May Be Waste of Time in Gun, Knife Victims 2Health News:Blue Cross Blue Shield of Massachusetts Urges Members to Get Their Flu Shot 2Health News:TRIA Laser Hair Removal System Now Available at Bloomingdale's 2Health News:InstaMed Announces the Release of InstaMed Connect for Integrated Real-Time Healthcare and Payment Transactions 2Health News:InstaMed Announces the Release of InstaMed Connect for Integrated Real-Time Healthcare and Payment Transactions 3Health News:Refinement of glaucoma testing, treatment expected from US, United Kingdom study 2Health News:Refinement of glaucoma testing, treatment expected from US, United Kingdom study 3
... Sleepscan VISION ensures flexibility in system configuration ... VISION utilizes the powerful Netlink amplifier system, ... standard Ethernet connection. Only computer industry components ... Sleepscan VISION to take advantage of the ...
... From the Pioneer in Digital EEG ... Digital EEG system presents the latest ... the Ceegraph VISION. This innovative system ... remote communications and information management to ...
... MOBEE headboxes are ... XLTEK's line of portable ... with a robust new ... latest software, XLTEK's standard ...
... Slit Lamp is an all-in-one instrument for observation, ... also allows the SL 130 to be used ... the possibility of operating the slit projector in ... right hand. The instrument configuration allows you to ...
Medicine Products: