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

ian clients, who is increasing its reliance on imported products demand. Cost of sales increased by $8.2 million, to $30.2 million, for the reporting period. The increase of cost of sales was mainly attributable to a higher average purchasing price of cotton, the Company's primary raw material, during the reporting period as compared with the same period last year.

Gross profit increased 27% to $11.3 million compared to the third quarter of fiscal 2010. Gross margin decreased to 27.2% as compared to 28.9% in the same three-month period of 2010. The decrease in gross margin was attributable to an increase in the cost of cotton. The Company continues to adjust its business portfolio by developing and marketing advanced medical products as well as PurCotton® jumbo rolls and retail products, which carry higher gross margins.

Selling, general and administrative expenses increased to $7.3 million in the third quarter of fiscal 2011, from $5.3 million in the same quarter of 2010. Adjusted selling, general and administrative expenses (non-GAAP), which exclude share-based compensation expenses, were $7.2 million versus $5.0 million for the same period of 2010. The increase was primarily due to higher salary and leasing expenses for the PurCotton retail business and R&D expense for advanced and sophisticated products.

The income tax provision for the third quarter of fiscal 2011 was $0.6 million, compared to $0.3 million for the same period in 2010, representing an effective tax rate of 14.1% for this reporting period, versus 9.3% in the same period last year. The comparatively lower effective tax rate for the three months ended June 30, 2010 was due to an income tax provision for the filing and settlement of income taxes while there was no such adjustment for this reporting period.

Net income attributable to Winner Medical increased by 2% to $3.4 million, or $0.14 per basic share, compared to net income of $3.4 million, or $0.14 per basic
'/>"/>

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

Related medicine technology :

1. Winner Medical Group Inc. to Host Third Quarter 2011 Earning Conference Call on Wednesday, August 10, 2011 at 8:30 a.m. EDT
2. Sanofi Pasteur Commends Winners of International BioGENEius Challenge
3. Cepheid CEO John Bishop Named Ernst & Young Entrepreneur Of The Year® 2011 Northern California Award winner
4. "SMART" Health App Competition Concludes, Names $5,000 Winner
5. Winner Medical to Present at Brean Murray, Carret & Co. Beijing China Growth Conference
6. Robert Kline, President & CEO, Medivance Named Ernst & Young Entrepreneur Of The Year® 2011 Regional Award Winner
7. NxStage Founder and CEO Jeffrey Burbank Named Ernst & Young Entrepreneur of the Year® 2011 New England Award Winner
8. Great Comebacks® Program Recognizes National Award Winners
9. Benchmark Electronics Recognized as Supplier for 2011 Design Medical Excellence Award Winner in the Radiological and Electromechanical Devices Category
10. Benchmark Electronics Recognized as Supplier for 2011 Design Medical Excellence Award Winner
11. Winner Medical Appoints New Independent Director
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/30/2015)... Texas , March 30, 2015 ... the My Diabetes Emergency Plan at the 2015 @NatHurricaneCon ... you to be prepared to manage your #diabetes before ... Endocrinology (ACE) – the charitable, educational and scientific arm ... has joined forces with Lilly Diabetes to share the ...
(Date:3/30/2015)... on the momentum of the first quarter of 2015, MedScope ... has announced aggressive plans to expand its Medicaid Home and ... models. The first quarter addition of new contracts ... and Louisiana is a result ... coverage in each state. This brings the total to 12 ...
(Date:3/30/2015)... 2015 A team of Chinese and US ... cell-surface receptor that plays a critical role in thrombosis, ... new structural features, which challenge the conventional concepts of ... a new door for future drug discovery. ... March 30, the researchers at Shanghai Institute of ...
Breaking Medicine Technology:Preparation Is Personal for Those with Chronic Illnesses 2Preparation Is Personal for Those with Chronic Illnesses 3Preparation Is Personal for Those with Chronic Illnesses 4MedScope's Aggressive 2015 Expansion Focuses on Medicaid Waiver and Managed Care Organizations 2New Molecular Structures Challenge Conventional Concepts of Drug Action at Receptors 2New Molecular Structures Challenge Conventional Concepts of Drug Action at Receptors 3New Molecular Structures Challenge Conventional Concepts of Drug Action at Receptors 4New Molecular Structures Challenge Conventional Concepts of Drug Action at Receptors 5New Molecular Structures Challenge Conventional Concepts of Drug Action at Receptors 6
... Nov. 2, 2010 Anthem Blue Cross and ... of its industry-leading transparency initiative beyond major metro ... Silverton to Sterling and everywhere in between can ... that provides medical cost information for 59 specific ...
... Uroplasty Inc. (Nasdaq: UPI ), ... Services (CMS) has published, in the November, 2010 Federal ... Tibial Nerve Stimulation (PTNS). Uroplasty,s Urgent® PC Neuromodulation System ... 2011, this procedure will now be billed under the ...
Cached Medicine Technology:Anthem Blue Cross Blue Shield Introduces Cost Disclosure Tool Throughout Colorado 2Anthem Blue Cross Blue Shield Introduces Cost Disclosure Tool Throughout Colorado 3Uroplasty Inc. Announces CPT® Category I Code and Associated Reimbursement Value for Posterior Tibial Nerve Stimulation 2Uroplasty Inc. Announces CPT® Category I Code and Associated Reimbursement Value for Posterior Tibial Nerve Stimulation 3
(Date:3/30/2015)... On March 11, 2015, Elle Magazine, in an ... six new treatment options for dealing with stubborn, unwanted fat. ... topical product. The other three technologies use devices to deliver ... freezing cold ( CoolSculpting ) to kill fat cells. (see: ... us to permanently remove unwanted fat," says Dr. Simon Ourian, ...
(Date:3/30/2015)... Innovaacom, a leading provider of medical education and ... expanding its services into Asia in 2015. Innovaacom’s focus ... comes at a time when Asia’s strengthening economy and ... A rapidly growing aging population and changing socio-economic environment ... in Asia. “We are excited to be a part ...
(Date:3/30/2015)... 30, 2015 According to a recently ... hernia repair market will continue to dominate the European ... primarily due to increasing numbers of ventral hernias, and ... , “The significantly large market share represented by ventral ... ASP. We’re seeing a growing use of expensive biologics,” ...
(Date:3/30/2015)... 30, 2015 Vancouver personal injury lawyer ... majority of cases taken up by the firm are ... the lawyers help protect the interests of their clients ... process. The announcement comes across as an achievement for ... to provide convenience to their client, without compromising their ...
(Date:3/30/2015)... This report studies the global ... 2014 to 2019. , Based on the type ... classified into four major segments, namely radio-frequency, microwave, ... HIFU and laser ablation) segments. Moreover, based on ... is classified into three segments, namely, interventional radiology, ...
Breaking Medicine News(10 mins):Health News:UltraShape and CoolSculpting: Two New Fat-Busting Technologies 2Health News:Innovaacom Expands Services and Medical Education Programs into Asia 2Health News:High Prices for Advanced Biologic Hernia Repair Technology Driving European Soft Tissue Reinforcement and Regeneration Market Growth 2Health News:High Prices for Advanced Biologic Hernia Repair Technology Driving European Soft Tissue Reinforcement and Regeneration Market Growth 3Health News:Jiwa Law Corporation States That Majority of Their Cases Get Settled Before Trial 2Health News:The Global Tumor Ablation Market is Poised to Reach the Value of $462.0 Million in 2019 - MarketsandMarkets Released Recently 2Health News:The Global Tumor Ablation Market is Poised to Reach the Value of $462.0 Million in 2019 - MarketsandMarkets Released Recently 3
... the International Monetary Fund on Tuesday gave an optimistic ... dark clouds on the horizon// included worries about the ... global avian flu outbreak in humans could cause high ... settlements, trading and communications, the IMF warned in its ...
... has been fined ?100,000 after pleading guilty in the ... a routine operation//. The trust has pleaded guilty for ... ,Sitting at Winchester Crown Court, Mr Justice Cresswell also ... the health and safety prosecution prompted by the death ...
... introduce an incentives scheme to ease the nursing shortage ... to take on certain work done by GPs. ... The government is expanding a program aimed at addressing ... the incentives scheme. ,Federal Health Minister Tony ...
... is launching a cancer-fighting tomato. The supermarket giant has said ... to the tune of almost twice that found in normal ... color to the tomatoes and is rich in anti-oxidants. It ... cancer. A previous study had found that eating 10 servings ...
... Lanka has increased in multifold with people consuming the poisonous seeds ... trivial reasons. ,This is an ornamental plant often used ... trumpet-like flowers and a fruit the size of a conker. Inside ... enough to kill you, the online edition of BBC News reported. ...
... to a study, patients with breast cancer, who are socially ... to die of the disease// than those who are socially ... Kroenke, women diagnosed with breast cancer should know that people ... the disease, reported news portal All Headline News. ...
Cached Medicine News:Health News:IMF considers Bird Flu to be a Dark Cloud 2Health News:Hospital Trust Fined ?100,000 after Patient Deat 2Health News:Nurses To Take On More Work Usually Done By GP’ 2
The Greenberg retractor and handrest is a versatile, three level system offering efficient space planning, whereby each level has an assigned surgical task....
A budget-priced microscope designed for ENT and neuro surgery....
Carl Zeiss has created a special configuration of the OPMI pico surgical microscope for neurosurgical applications, combining the benefits of optical excellence and superb illumination with outstandi...
... MS2 is designed to perfectly perform in ... use. The Leica MS2 combines the ultra ... with a innovative stand concept including automatic ... ABC balancing system for the microscope as ...
Medicine Products: