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

ies13,078,824

18,721,590Commitments and contingencies-

-Stockholders' equity:Common stock, par value $0.001 per share; authorized 247,500,000, issued and outstanding September 30,  2010 – 23,950,740 shares; September 30, 2009 – 22,363,740 shares (restated to reflect 2 for 1 reverse stock split) 23,951

22,364Additional paid-in capital40,154,494

31,166,123Retained earnings48,730,034

36,797,172Statutory reserves4,585,731

3,428,095Accumulated other comprehensive income 12,302,762

10,717,850Total Winner Medical Group Inc. stockholders' equity105,796,972

82,131,604Non-controlling interests100,199

82,815Total equity105,897,171

82,214,419Total liabilities and equity118,975,995

100,936,009Winner Medical Group Inc.Non-GAAP ReconciliationSeptember 30,20102009US$US$Net income attributable to Winner Medical Group Inc. (GAAP)13,090,497

9,128,745Share-based compensation695,758

300,433Adjusted net income attributable to Winner Medical Group Inc. (Non-GAAP)13,786,254

9,429,007Earnings per share (GAAP)- Basic0.57

0.41- Diluted 0.56

0.41Adjusted earnings per share (Non-GAAP)- Basic 0.60

0.42- Diluted 0.59

0.42Weighted average ordinary shares outstanding- Basic 23,014,065

22,363,675- Diluted 23,383,532

22,403,237September 30,20102009US$US$Selling, general and administrative expenses (GAAP)20,370,949

16,874,131Share-based compensation695,758

300,433Adjusted selling, general and administrative expenses (Non-GAAP)19,675,191

16,573,698
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SOURCE Winner Medical Group Inc.
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