Management compensates for these limitations by using these non-GAAP measures as comparative tools, together with U.S. GAAP measurements, to assist in the evaluation of its operating performance. Please refer to the non-GAAP reconciliation tables at the end of this press release for a reconciliation of adjusted net income attributable to Winner Medical Group Inc., adjusted earnings per share, adjusted income from operations and adjusted selling, general and administrative expenses to net income attributable to Winner Medical Group Inc., earnings per share, income from operations and selling, general and administrative expenses, respectively, which are the most directly comparable U.S. GAAP financial measures.
For more information, please contact:
Ms. Huixuan Chen (Fiona)
Investor Relations Manager
Winner Medical Group Inc.
Mr. Scott Powell
HC International, Inc.
Web: http://www.hcinternational.netWinner Medical Group Inc.Consolidated Statements of Income and Comprehensive IncomeThree months endedDecember 31,20102009(Unaudited)(Unaudited)US$US$Net sales33,706,318
29,786,805Cost of sales(24,225,307)
9,431,847Other operating income, net336,784
440,463Exchange difference, net(117,785)
(24,380)Selling, general and administrative expenses(6,056,065)
Income from operations3,643,945
|SOURCE Winner Medical Group Inc.|
Copyright©2010 PR Newswire.
All rights reserved