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

g June 30, 2011 – 24,130,247 shares; September 30, 2010 –23,950,740 shares

24,13123,951Additional paid-in capital

40,799,04040,154,494Retained earnings

57,660,22748,730,034Statutory reserves

4,644,2434,585,731Accumulated other comprehensive income

16,059,71112,302,762Total Winner Medical Group Inc. stockholders' equity

119,187,352105,796,972144,651100,199Non-controlling interestsTotal equity

119,332,003105,897,171Total liabilities and equity

144,597,206118,975,995Winner Medical Group Inc.Non-GAAP ReconciliationThree Months ended June 30Nine Months ended June 302011201020112010US$US$US$US$Net income attributable to Winner Medical Group Inc. (GAAP)

3,424,525

3,373,9378,988,706

9,971,187Share-based compensation68,565

235,505594,826

782,623Realized Gain (Loss) on Commodity Financial Instruments65,037

-(1,694,632)

-Adjusted net income attributable to Winner Medical Group Inc. (Non-GAAP)

3,428,053

3,609,44211,278,164

10,753,810Earnings per share (GAAP)- Basic0.14

0.140.37

0.44- Diluted0.14

0.140.37

0.43Adjusted earnings per share (Non-GAAP)- Basic0.14

0.150.47

0.47- Diluted0.14

0.150.46

0.47Weighted average ordinary shares outstanding- Basic24,130,247

23,378,04024,125,593

22,701,840- Diluted24,601,088

24,060,41924,621,897

23,122,894Three Months ended June 30Nine Months ended June 302011201020112010US$US$US$US$Selling, general and administrative expenses (GAAP)

7,293,780

5,277,38219,151,578

14,741,028Share-based compensation68,565

235,505594,826

782,623Adjusted selling, general and administrative expenses (Non-GAAP)

7,225,215

5,041,87718,556,752

13,958,405
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SOURCE Winner Medical Group Inc.
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