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Winner Medical Reports Fourth Quarter and Fiscal 2010 Results
Date:12/8/2010

SHENZHEN, China, Dec. 8, 2010 /PRNewswire-Asia-FirstCall/ --

Fourth- Quarter 2010 Highlights

  • Revenue increased by 2.1% over Q4 FY09 to $28.2 million
  • Gross profit increased by 5.8% over Q4 FY09 to $8.8 million
  • Net income increased by 5.9% over Q4 FY09 to $3.1 million with EPS of $0.13

  • Full Fiscal Year 2010 Highlights

  • Revenue increased by 16.9% YOY to $115.0 million
  • Gross Profit increased 23.7% YOY to $34.6 million
  • Net income increased 43.4% YOY to $13.1 million
  • Net income per basic share increased 39.0% to $0.57
  • Adjusted basic EPS increased 42.9% to $0.60 for the fiscal year 2010 versus $0.42for the fiscal year 2009

  • Winner Medical Group Inc. (Nasdaq: WWIN), a leading manufacturer of medical dressings, medical disposables and non-woven fabric made from 100% natural PurCotton® products in China, today reported consolidated financial results for the fourth quarter and full fiscal year ended September 30, 2010.Fiscal Fourth Quarter 2010 Results (Amounts in USD millions)Q4 FY2010

    Q4 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%

    3.6%Net Income Attributable to Winner Medical Group Inc.

    $3.1

    $2.9

    5.9%Basic EPS

    $0.13

    $0.13

    -Fiscal Year 2010 Results (Amounts in USD millions)FY2010

    FY2009

    % ChangeNet Sales

    $115.0

    $98.4

    16.9%Cost of Sales

    $80.4

    $70.4

    14.2%Gross Profit

    $34.6

    $27.9

    23.7%Gro
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    SOURCE Winner Medical Group Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

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