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Winner Medical Reports Third Quarter Fiscal 2011 Results
Date:8/10/2011

months ended June 302011

20102011

2010US$

US$US$

US$Net sales41,536,465

30,926,910108,460,785

86,788,642Cost of sales(30,227,856)

(21,993,948)(78,318,957)

(61,067,648)Gross profit11,308,609

8,932,96230,141,828

25,720,994Other operating income, net(2,831)

117,083(104,786)

440,466Government subsidies90,407

28,2871,304,622

193,991Realized gain/(loss) on commodity financial instruments65,037

0(1,694,632)

0Exchange difference, net(270,910)

(152,908)(415,041)

(233,089)Selling, general and administrative expenses(7,293,780)

(5,277,382)(19,151,578)

(14,741,028)Income from operations3,896,532

3,648,04210,080,413

11,381,334Interest income59,088

13,295105,256

41,038Interest expense(134,793)

(21,545)(227,978)

(120,048)Equity in earnings of 50 percent or less owned persons 179,745103,954362,860148,979Income before income taxes 4,000,572

3,743,74610,320,551

11,451,303Income taxes(565,349)

(347,881)(1,287,744)

(1,549,977)Net income3,435,223

3,395,865

9,032,807

9,901,326Net (income)/ loss attributable to non-controlling interests(10,698)

(21,928)(44,102)

69,861Net income attributable to

Winner Medical Group Inc.3,424,525

3,373,937

8,988,705

9,971,187Comprehensive income:Net income3,435,223

3,395,8659,032,807

9,901,326Foreign currency translation difference1,385,899

438,9283,757,299

290,862Comprehensive (income)/ loss attributable tonon-controlling interests(10,672)

(21,648)

(44,452)

70,302Comprehensive income attributable toWinner Medical Group Inc.4,810,4503,813,14512,745,65410,262,490Net income attributable to

Winner Medical Group Inc.  per share - basic0.14

0.140.37

0.44- diluted0.14

0.140.37

0.43Weighted
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SOURCE Winner Medical Group Inc.
Copyright©2010 PR Newswire.
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