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Winner Medical Reports Full Fiscal Year 2011 Results
Date:11/30/2011

ome for the period. The loss was a result of significant increases and fluctuation in cotton prices between January and March 2011.

With the objective of managing the Company's risk from cotton futures trading, the Company established a Commodity Trading Center, "CTC," on July 1, 2011, with the goal of monitoring futures and spot trading and integrating cotton futures trading into the Company's sales plan. The Company has employed experienced managers to conduct the transactions. Management has made on-going assessments of the CTC's trading performance and has established stringent trading procedures and policies for entering into cotton futures transactions, and has consulted with the board of directors on these efforts. For more information on these activities, including how Mr. Jianquan Li, the Company's chief executive officer, president and chairman of the board of directors, compensated the company for cotton futures trading losses during fiscal year 2011, please see the "Business–Raw Materials and Manufacturing" and "Management's Discussion and Analysis of Financial Condition and Results of Operations–Results of Operations–Realized Loss on Commodity Financial Instruments" sections of the Company's 2011 Annual Report on Form 10-K as filed with the Securities and Exchange Commission (the "SEC") on November 30, 2011.

OutlookFor the full fiscal year of 2012, the Company estimates that its revenues will be in the range of $179.9 million to $194.8 million, representing a year-over-year growth rate of between approximately 20% and 30%.

This forecast reflects the Company's current and preliminary view, which is subject to change.

Conference Call The Company will host a conference call at 8:00 a.m. ET on November 30, 2011 (9:00 p.m. Beijing Time on November 30), to discuss its full fiscal year 2011 results and recent business developments. Listeners may access the call by dialing:

Dial-in Number:

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SOURCE Winner Medical Group Inc.
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