Navigation Links
Winner Medical Reports First Quarter Fiscal 2011 Results
Date:2/10/2011

$33.7 million, an increase of 13.2% compared to the same period last year. The increase was mainly attributable to higher average sales prices and increased sales orders from Chinese, North American and South American customers. Export sales to North and South America remained robust, increasing 50.2% year over year, driven by increased orders from American and Brazilian clients who recognized Winner Medical's high quality products and timely delivery capabilities. Orders in Europe remained stable year-over-year as customers in Sweden increased purchases while clients in Greece and Spain postponed orders as a result of the debt crisis. Sales were up 1.0% in China, with steady improvements in November and December. Strong sales of medical dressings and disposables were offset by lower sales of protective gowns and face masks, which were unusually strong in the first quarter of 2010 due to the H1N1 virus outbreak.

Cost of goods sold increased 19.0% to $24.2 million in the first quarter of fiscal 2011, from $20.4 million in the first quarter of fiscal 2010. Cost of goods sold as a percentage of net revenues were 71.9% and 68.3% for the first quarter in fiscal 2011 and 2010, respectively. This increase was mainly attributable to increased raw material prices. To minimize the impacts brought by increased cotton prices, the Company increased its selling price progressively and purchased cotton futures contracts to hedge against the volatility of cotton prices.

Gross profit increased 0.5% to $9.5 million compared to the first quarter of fiscal 2010. Gross margin decreased to 28.1% as compared to 31.7% in the first quarter of fiscal 2010. The decrease in gross margin was mainly attributable to time lag for customers to accept higher selling prices, especially in the months of October and earlier November 2010, as well as lower sales of protective gowns and face masks, which were unusually strong in the first quarter of 2010 due to the H1N1 virus outbreak.


'/>"/>
SOURCE Winner Medical Group Inc.
Copyright©2010 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine technology :

1. Winner Medical Group Inc. to Host First Quarter 2011 Earnings Conference Call on Thursday, February 10, 2011 at 08:30 a.m. EST
2. Winner Medical Obtains Cotton Processing Certificate from the State Development and Reform Commission
3. Winner Medical to Participate in Arab Health 2011, International Healthcare Exhibition, in Dubai
4. Winner Medical Honored with Shenzhen Baoan District Quality Award
5. Winner Medical and Cotton Inc. Promote PurCotton(R) Brand and Natural(TM) Trademark in Shanghai
6. Winner Medical Reports Fourth Quarter and Fiscal 2010 Results
7. 2010 UCB Rheumatoid Arthritis Family Scholarship Winners Announced
8. MedImmune Announces Winners of the 5th Annual Respiratory, Inflammation and Autoimmunity Research Abstract Competition
9. Winner Medical Announces Preliminary Fiscal Fourth Quarter 2010 Results
10. Next-Generation Pharmacist Winner Announced
11. Winners Announced in 2010 Collegiate Inventors Competition®
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2013)... 2013  Auxilium Pharmaceuticals, Inc. (Nasdaq: AUXL ... the Deutsche Bank Health Care Conference to be held ... Adrian Adams , Chief Executive Officer ... the Company and its product pipeline at 12:00 p.m. ... (Logo: http://photos.prnewswire.com/prnh/20101202/MM10881LOGO ) The presentation will ...
(Date:5/23/2013)... , May 24, 2013 3SBio Inc. ... "Company"), a leading China -based ... marketing biopharmaceutical products, announced today that, at an ... Company,s shareholders voted in favor of the proposal ... and plan of merger dated February 8, 2013, ...
(Date:5/23/2013)... 2013  Haemonetics Corporation (NYSE: HAE ) announced ... EVP-Business Development, will present at The Deutsche Bank 38 th ... MA on May 29, 2013 at 1:30pm Eastern ... The public may access Mr. Lindop,s presentation live via ... Haemonetics (NYSE: HAE ) is a ...
Breaking Medicine Technology:Auxilium Pharmaceuticals, Inc. To Present At The Deutsche Bank Health Care Conference 2Auxilium Pharmaceuticals, Inc. To Present At The Deutsche Bank Health Care Conference 3Auxilium Pharmaceuticals, Inc. To Present At The Deutsche Bank Health Care Conference 43SBio Inc. Announces Shareholders' Approval of the Amended Merger Agreement 23SBio Inc. Announces Shareholders' Approval of the Amended Merger Agreement 3
(Date:5/25/2013)... While some will be spending their ... serving our Country, many others will simply enjoy their ... The DUI attorneys at MacGregor & Collins, LLP have ... keep this weekend’s party-goers out of trouble. , According ... more than 950 fatal alcohol-related collisions and 16,000 injuries ...
(Date:5/25/2013)... AZ (PRWEB) May 25, 2013 An ... service page in partnership with JD Media Surge, LLC. ... methods are now available and, depending on the treatment, ... During a routine visit, the best method will be ... is performed during a visit. A special peroxide-based whitening ...
(Date:5/25/2013)... Boise, Idaho (PRWEB) May 25, 2013 ... most prevalent type of peripheral neuropathy. According to neuropathy ... http://goo.gl/aLMtn , it is estimated that the disorder affects ... most common complication arising from Diabetes. The high blood ... of Diabetes and patients suffering from it usually tend ...
(Date:5/25/2013)... May 25 (HealthDay News) -- Animals make great companions for ... pet in the car are far more likely to crash ... found. The new study included 2,000 licensed drivers aged ... were asked how often they drove with their pet in ... pets, the crash risk was twice as high as among ...
(Date:5/25/2013)... 25, 2013 Studies from Johns Hopkins ... carrying excessive weight and their inability to get adequate ... losing weight can naturally relieve many symptoms. , ... in sleep quality was significantly associated with overall weight ... study dated November 6th, 2012, researchers monitored 77 ...
Breaking Medicine News(10 mins):Health News:Criminal Attorneys Provide Memorial Day Weekend DUI Checklist and Safety Information 2Health News:Criminal Attorneys Provide Memorial Day Weekend DUI Checklist and Safety Information 3Health News:Chandler Dentist Launches Teeth Whitening Service Page on Website in Partnership with JD Media Surge, LLC 2Health News:Diabetic Neuropathy treatment hits new grounds- Neuracel launches the complete natural treatment 2Health News:Seniors More Likely to Crash When Driving With Pet: Study 2Health News:hCGTreatments / Diet Doc hCG Diets & Weight Loss Plans Offers Newly Improved hCG Diet Plans Capable of Delivering Better Sleep 2
... Smoking in public places and places of work is now ... ever-expanding club of nations that bar the habit. ... offices and other enclosed or partially enclosed places of work, ... ,Individuals will, however, still be able to light ...
... to banish trans fats from its restaurants, but the city ... to display calorie information on their menus. ,For ... healthier cooking oils seems to have gone smoothly, although some ... heart of the fashionable Soho district, "Jerry's" diner abandoned trans ...
... capitalism is bad for men's health, according to a recent ... collapse of the Soviet Union. ,The life ... six years between 1991 and 1994 amid social disruption, physical ... men were affected depended upon how rough the transition to ...
... germ cell tumour patients treated with platinum-based chemotherapy ... function and reproductive ability. ,The ... also found that despite having reproductive and sexual ... counterparts to be involved in meaningful, positive relationships. ...
... out from her Sierra Towers apartment to lead a booze free ... at a very happening place, so the 'party girl' who is ... to go back there once she completes her therapy. ... a source, as saying. ,"Lindsay has made the ...
... rampant industrial pollution, China has unveiled a conservation strategy ... farmland to forests. ,China is home ... and half of those unique to China, about 5000 ... ,According to Jia Jiansheng of the department of wildlife ...
Cached Medicine News:Health News:Public Places in England Go Smoke Free 2Health News:New York Bans Trans Fats in Restaurants 2Health News:New York Bans Trans Fats in Restaurants 3Health News:Capitalism is Bad for Men's Health: Study 2Health News:Survivors of Rare Ovarian Cancer may Retain Menstrual Function and Reproductive Ability 2Health News:Survivors of Rare Ovarian Cancer may Retain Menstrual Function and Reproductive Ability 3
... Wampole Laboratories offers a comprehensive line of ... serum and urine in convenient one-step stick ... 2 testing options. Clearview Easy HCG is ... convenient stick format. Clearview HCG II ...
For the quantitative determination of Glycohemoglobin in blood....
The DSL-10-3000 ACTIVE Ferritin Enzyme-Linked Immunosorbent (ELISA) Kit provides materials for the quantitative measurement of ferritin in serum....
... Bio-Rad isotopic anemia assays ... minimal ,pipetting steps for ... about the processes ,involved ... the benefit to your ...
Medicine Products: