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

$26.5 million in fiscal year 2011 from $20.4 million in the prior fiscal year. As a percentage of total sales, SG&A expenses stabilized at 17.7% in fiscal year 2011 and 2010. The increase in SG&A expenses was primarily due to increased staff costs, rental and transportation costs, advertising and promotion expenses and R&D expenses for advanced medical and PurCotton® consumer products.

Income from operations decreased by 7.6% year-over-year to $13.5 million from $14.7 million in the prior fiscal year, because the increase in expenses outpaced the increase in revenues.

Interest expenses decreased approximately 27.9% to $0.09 million. The Company capitalized approximately $0.2 million of interest expense to property, plant and equipment in fiscal year 2011, while a small amount of interest was capitalized in the prior fiscal year. The Company primarily uses bank loans to supplement working capital for daily operations.

Income tax provision in fiscal year 2011 increased by 18.2% year-over-year to $2.0 million from $1.7 million in the prior fiscal year, representing an effective tax rate of 14.6% for the reporting period versus 11.4% in fiscal year 2010. The comparatively higher income tax as a percentage of income before income taxes in fiscal year 2011 was mainly due to the expiration of preferential tax treatment for a subsidiary, Winner Medical & Textile Ltd. Chongyang, on December 31, 2010, at which time that subsidiary's applicable tax rate increased to 25% from 12.5%.

Net income attributable to Winner Medical decreased by 11.9% year-over-year to $11.5 million from $13.1 million in fiscal year 2010. Excluding non-cash share-based compensation expenses and realized loss on commodity financial instruments, adjusted net income (non-GAAP) was $13.7 million for the fiscal year 2011, a decrease of 0.4% from $13.8 million in fiscal year 2010.

Net margin decreased to 7.7% in fiscal
'/>"/>

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

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related medicine technology :

1. Winner Medical Group Inc. to Host Fourth Quarter and Full Fiscal 2011 Earnings Conference Call on Wednesday, November 30, 2011 at 8:00 a.m. EST
2. Disposable Film Festival Health Announces 2011 Award Winners
3. Winner Medical Reports Selected Preliminary Unaudited Fourth Quarter Fiscal 2011 Results
4. Winner Medical to Participate in Upcoming Investor Conferences in China
5. Winner Medical Ranked High by CNTAC
6. New York eHealth Collaborative Announces Winners for its Digital Health Conference Gala Awards
7. Prostate Cancer Treatment: Match Between CyberKnife And Robotic Prostate Surgery And The Winner Is?
8. The Astellas European Foundation Winner of Transplantation Grant 2011 Announced
9. Winner Medicals PurCotton E-Commerce Sets Sail
10. Winner Medical to Attend Investor Conferences in September
11. Winner Medical Granted the COTTON USA Mark
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/27/2015)... 2015 Securities lawyers at Dunnam & ... Ltd. (NASDAQ: SLXP ) in connection with ... investors are encouraged to contact attorney Hamilton Lindley by ... focuses upon the shareholder value of the transaction. Under ... only $158.00 per share in cash. At least one ...
(Date:2/27/2015)... , February 27, 2015 Report ... study showing you trends, R&D progress, and predicted revenues ... heading? What are the commercial prospects for this market ... potential revenues and other trends to 2025, discussing data, ... lets you assess regenerative medicine : cell-based therapies ...
(Date:2/27/2015)...  Organovo Holdings, Inc. (NYSE MKT: ONVO) ("Organovo"), ... 3D bioprinting technology, announced today that Keith ... present live at VirtualInvestorConferences.com on March 5th. ... for this Company update," said Mr. Murphy. "We ... of the exVive3D Liver, Bioprinted Human Tissue, commercialization ...
Breaking Medicine Technology:Translational Regenerative Medicine: Market Prospects 2015-2025 2Translational Regenerative Medicine: Market Prospects 2015-2025 3Translational Regenerative Medicine: Market Prospects 2015-2025 4Translational Regenerative Medicine: Market Prospects 2015-2025 5Translational Regenerative Medicine: Market Prospects 2015-2025 6Translational Regenerative Medicine: Market Prospects 2015-2025 7Translational Regenerative Medicine: Market Prospects 2015-2025 8Organovo Holdings, Inc. to Provide Corporate Update and Investor Presentation in a Live, Interactive Webcast on March 5th 2Organovo Holdings, Inc. to Provide Corporate Update and Investor Presentation in a Live, Interactive Webcast on March 5th 3Organovo Holdings, Inc. to Provide Corporate Update and Investor Presentation in a Live, Interactive Webcast on March 5th 4
(Date:2/27/2015)... 2015 Royal River Natural Foods, a locally-owned ... study that found adults who got the most magnesium were ... compared to those who got the least magnesium, with the ... The report is part of the March 2015 issue of ... Natural Foods publishes free each month for the Freeport community ...
(Date:2/27/2015)... Adding to its rich history ... Advertising & Marketing has added Sedation Systems of ... patented NITROUSEAL® N20 closed mask and breathing circuit ... , Sedation Systems, http://www.sedationsystems.com is dedicated ... level, though it focuses primarily on pediatric patients. ...
(Date:2/27/2015)... (PRWEB) February 27, 2015 FACE ... therapies, has announced a unique combination to take ... neck. Ultherapy Décolletage is a new treatment introduced ... noninvasive procedure specifically indicated to improve lines and ... for any person who suffers from the stubborn ...
(Date:2/27/2015)... 2015 The Nashville periodontist ... scholarship for rising freshmen undergraduate students. , The Advanced ... specializing in many periodontal procedures such as dental ... gum disease . In honor of their 25th anniversary, ... eligible rising freshmen undergraduate students. , Students interested ...
(Date:2/27/2015)... Ford, Pennsylvania (PRWEB) February 27, 2015 ... the Spring Breast Augmentation Special at his Chadds Ford, ... 13 through May 1, 2015, and will be priced ... to the latest silicone implants, it will include more ... price and $250 worth of free Dysport. , Space ...
Breaking Medicine News(10 mins):Health News:New Study Finds Magnesium May Slow Progress of Diabetes, Retailer Reports 2Health News:Benedict Advertising & Marketing Signs Sedation Systems 2Health News:Face Skincare Announces New Combination Therapy 2Health News:Nashville Periodontist Office AIOH Announces 2015 Scholarship 2Health News:Dr. Christopher Saunders Announces Spring Breast Augmentation Special at $3,950 2Health News:Dr. Christopher Saunders Announces Spring Breast Augmentation Special at $3,950 3
... nasal spray to quash allergy symptoms may work better ... an "as-needed'', rather than daily basis, the nasal spray ... sneezing and congestion more effectively than the antihistamine loratadine ... fights allergy symptoms by reducing the inflammation that occurs ...
... intravenous magnesium sulfate to standard emergency department migraine ... enhance the effectiveness of treatment.// Dr. Jill Corbo, ... Medicine in the Bronx, New York, note that ... in the treatment of migraine headache and that ...
... to bear an underweight child, but some women may ... susceptibility.// The finding could help medicine better determine the ... they were not recommending at this point that women ... ,"Our data demonstrate that a subgroup of pregnant ...
... that butterbur extract is an effective antihistamine without any ... an active biochemical agent,// otherwise it would not work ... react with other medications. ,It was used ... either butterbur extract tablets or the usually used non-sedating ...
... 40,000 more lives each year worldwide if more people at ... it, doctors said.// An analysis of nearly 300 clinical ... prevent blood clots confirmed that aspirin reduces heart attacks and ... people who could benefit from aspirin and anti-platelet therapy receive ...
... stones, which are often extremely painful to excrete, cost ... lost productivity. While the stones can sometimes be prevented ... the bladder frequently,// medication to reduce the excretion of ... increase cholesterol and can cause bloating and other uncomfortable ...
Cached Medicine News:
... I (cTnI) has been useful in the ... Departments (ED) with chest pain. 18-20 ... blood levels of sensitive and specific biomarkers, ... of creatine kinase (CK-MB), and myoglobin, are ...
... potent, naturally secreted estrogen and is the ... In the ovary, estradiol is produced from ... potent estrogen derived from androstenedione. Estrone and ... In men, small amounts of estradiol are ...
... Aio! 2nd generation cardiac troponin ... sensitive immunoassay providing quantitative results ... less than 18 minutes. The ... unique combination of antibodies that ...
... The VITROS ECi brings true automation ... immunodiagnostic testing. Highly sensitive assays for ... and bone metabolism testing are currently ... development. The VITROS ECi can simultaneously ...
Medicine Products: