Navigation Links
Winner Medical Reports Third Quarter Fiscal 2012 Results
Date:8/9/2012

ales as a percentage of revenue was 74.6% and 72.8% for the three months ended June 30, 2012 and 2011, respectively. The increase in cost of sales was mainly attributable to: (1) an approximate 15% salary cost increase (which included welfare and social insurance for employees); and (2) an approximately US$818,000 depreciation and impairment cost related to a factory workshop owned by Hubei Winner and painting equipment owned by Winner Medical (Huanggang) Co., Ltd.

Gross profit increased by 8.2% to $12.2 million in the third quarter of fiscal 2012 from $11.3 million in the same quarter of the previous fiscal year. Gross margin decreased to 25.4% from 27.2% in the third quarter of fiscal 2011. The decrease in gross margin was mainly due to: (1) lower selling prices to customers in Europe and the United States. Challenging global economic conditions, especially in Europe and North America, have forced governments in those areas to tighten public expenditures, leading to a more stringent budget for medical products. In order to maintain long-term cooperation with those customers, the Company offered certain products with lower selling prices than before to maintain and attract orders during the current economic climate. The Company expects that ongoing adjustments of selling prices might continue, subject to global economic conditions and customer demands; (2) approximately US$818,000 in depreciation and impairment costs related to a factory workshop owned by Hubei Winner Textile Co., Ltd. and painting equipment owned by Winner Medical (Huanggang) Co., Ltd.; and (3) an approximate 15% salary increase (which included welfare and social insurance for employees).

Government subsidies increased to approximately $170,000 in the third quarter of fiscal 2012 from approximately $90,000 in the same quarter of the previous fiscal year. The increase was mainly driven by an increase in financial incentives from the Shenzhen government as compared to the same period o
'/>"/>

SOURCE Winner Medical Group Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Related medicine technology :

1. Winner Medicals Special Committee Appoints Independent Financial Advisor and Retains Legal Counsel
2. Winner Medical Group Inc. to Host Second Quarter 2012 Earning Conference Call on Thursday, May 10, 2012 at 9:00 p.m. EDT
3. StreamVenue Healthcare CEO Named Peoples Choice Winner
4. UBM Canon and MD+DI Proudly Announce 25 Innovative Products as Winners of the 2012 Medical Design Excellence Awards
5. Sterne, Kessler, Goldstein & Fox Selected by 15 Year Old Winner of Intel International Science and Engineering Fair
6. Lilly Diabetes Announces Once Upon A Time Contest Winner
7. Data Intelligence Limited Recognized as Winner of 2012 Microsoft Life Sciences Innovation Awards
8. Telemedicine, Teleradiology, and Telemonitoring Look Like Winners in the New Healthcare Economy
9. Winner Medical Enters into Definitive Merger Agreement with Winner Holding Limited
10. Winner Medical Group Inc. to Host Third Quarter 2012 Earning Conference Call on Thursday, August 9, 2012 at 09:00 p.m. EDT
11. Lung Cancer Alliance Congratulates 75 Medical Centers For Moving Swiftly And Responsibly On Lung Cancer Screening
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/19/2014)... Five MinuteClinic walk-in medical clinics are opening inside select CVS/pharmacy stores ... opened in Memphis and Cordova ... in Springfield on September 24 and a ... open October 22.  MinuteClinic is the largest and fastest growing provider ... . The Memphis -area clinics join ...
(Date:9/19/2014)... According to market research ... Industrial, & Laboratory), Industry (Food, Pharmaceutical, Biotechnology, Surgical ... & Geography - Global Trends & Forecast to ... lyophilization market on the basis of various types, ... the market size of each of these segments ...
(Date:9/19/2014)... Mass. , Sept. 19, 2014  Pressure ... today announced it has received and approved all ... HT48 instruments and has begun to manufacture the ... first instrument will be ready for shipment by ... built and released at a rate of about ...
Breaking Medicine Technology:MinuteClinic Walk-in Medical Clinics Opening in Memphis 2MinuteClinic Walk-in Medical Clinics Opening in Memphis 3Lyophilization Market Worth $5,121.5 Million by 2019 2Lyophilization Market Worth $5,121.5 Million by 2019 3Pressure BioSciences Announces Completion of the First Phase of Its Commercialization Plan for the Barozyme HT48, the Company's Recently Released High Throughput PCT-based Instrument System 2Pressure BioSciences Announces Completion of the First Phase of Its Commercialization Plan for the Barozyme HT48, the Company's Recently Released High Throughput PCT-based Instrument System 3
... 2012  Celebrity chef Spike Mendelsohn knows all too well the ... a person with acid reflux disease (ARD). But while he,s ... had to learn how to turn down the heat on ... about the importance of managing heartburn symptoms of ARD, including ...
... 2, 2012 Reportlinker.com announces that a new ... Ophthalmic Drugs: World Market ... Report Details How ... ophthalmic drug industry What are the ...
Cached Medicine Technology:Chef Spike Mendelsohn Dishes on How to Turn Down the Heat on Acid Reflux Disease 2Chef Spike Mendelsohn Dishes on How to Turn Down the Heat on Acid Reflux Disease 3Chef Spike Mendelsohn Dishes on How to Turn Down the Heat on Acid Reflux Disease 4Chef Spike Mendelsohn Dishes on How to Turn Down the Heat on Acid Reflux Disease 5Ophthalmic Drugs: World Market Prospects 2012-2022 2Ophthalmic Drugs: World Market Prospects 2012-2022 3Ophthalmic Drugs: World Market Prospects 2012-2022 4Ophthalmic Drugs: World Market Prospects 2012-2022 5Ophthalmic Drugs: World Market Prospects 2012-2022 6Ophthalmic Drugs: World Market Prospects 2012-2022 7Ophthalmic Drugs: World Market Prospects 2012-2022 8Ophthalmic Drugs: World Market Prospects 2012-2022 9Ophthalmic Drugs: World Market Prospects 2012-2022 10Ophthalmic Drugs: World Market Prospects 2012-2022 11Ophthalmic Drugs: World Market Prospects 2012-2022 12Ophthalmic Drugs: World Market Prospects 2012-2022 13Ophthalmic Drugs: World Market Prospects 2012-2022 14Ophthalmic Drugs: World Market Prospects 2012-2022 15
(Date:9/21/2014)... Viejo, California (PRWEB) September 21, 2014 ... X plugins have announced a new transition plugin ... “Transpack Vol. 3 delivers high quality transitions that will ... project,” said Christina Austin, CEO of Pixel Film Studios. ... 3 is a definite game changer.” , Transpack Vol. ...
(Date:9/20/2014)... Recently, iFitDress.com, a well-known wedding dress manufacturer ... party dresses . In addition, the company has launched a ... the promotion is to benefit all of its big fans. ... store now. , Along with beautiful party dresses, the ... has recently released its new sexy short prom outfits and ...
(Date:9/20/2014)... David Cooke presented two scientific posters at ... at the clinical benefits of MPI gated studies with ... In conjunction with colleagues at Emory University, Cooke studied ... by echo (>50%). Each patient had same-day 99mTc low-dose ... Emory Toolbox 4.0 was used to analyze the ...
(Date:9/20/2014)... Ticket Down is a reputable source for ... ticket exchange is offering their customer appreciation promo code ARIANA-2015 ... step in the entertainment business. The 21-year-old from Boca Raton, ... entertainment business, but is closing in on “Pop Diva” status. ... will hit the road next year on the “Honeymoon Tour,” ...
(Date:9/20/2014)... News) -- The avian flu that killed 160 harbor ... through respiratory drops and therefore poses a potential threat ... no human illnesses have been linked to the harbor ... have discovered natural mutations to the avian H3N8 seal ... air in droplets. Current seasonal flu vaccines wouldn,t ...
Breaking Medicine News(10 mins):Health News:Pixel Film Studios Released Transpack Vol. 3 Plugin Exclusively for Final Cut Pro X 2Health News:Beautiful Party Dresses For Autumn Unveiled By iFitDress.com 2Health News:Versatility of Emory Toolbox 4.0 Shown at ASNC in Scientific Posters 2Health News:Versatility of Emory Toolbox 4.0 Shown at ASNC in Scientific Posters 3Health News:Ariana Grande Tickets in Chicago/Rosemont, Kansas City, Milwaukee, Saint Paul, Dallas, Houston, San Antonio, Oklahoma City Go On Sale Today 2Health News:Ariana Grande Tickets in Chicago/Rosemont, Kansas City, Milwaukee, Saint Paul, Dallas, Houston, San Antonio, Oklahoma City Go On Sale Today 3Health News:Avian Flu In Harbor Seals Could Infect People 2
... After only four years of problem drinking, a significant decrease ... can be seen. This is the system that regulates such ... before a corresponding decrease is seen in men. This is ... of Psychology and the Sahlgrenska Academy at the University of ...
... , TUESDAY, Nov. 15 (HealthDay News) --,Pneumonia is the ... The researchers also revealed that most infections occur about ... previously thought. They are slated to present their findings Tuesday ... Fla. "It,s not what we expected to find," study ...
... Sophia Antipolis, 15 November 2011: People taking anti-psychotic drugs and ... an acute coronary event of a fatal arrhythmia than the ... the European Heart Journal .1 The study showed ... was associated with an even greater risk of sudden cardiac ...
... techniques on toy animals before having to perform operations on ... same time, the use of laboratory animals is minimised. This ... the Faculty of Life Sciences at the University of Copenhagen. ... ,teddy laboratory, strengthens learning and the teaching environment. ...
... Steven Reinberg HealthDay Reporter , MONDAY, Nov. 14 ... of the contraceptive pill over the past 40 years, the ... responsible for the increased incidence of prostate cancer around the ... cause various cancers, and the widespread use of the pill ...
... Among patients who experienced an ischemic stroke, systolic blood ... than 140 mm Hg, were associated with an increased risk ... November 16 issue of JAMA , a theme issue ... to coincide with the American Heart Association Scientific Sessions. ...
Cached Medicine News:Health News:Pneumonia Most Common Infection After Heart Surgery 2Health News:EHJ paper underlines need for improved links between cardiologists and psychiatrists 2Health News:EHJ paper underlines need for improved links between cardiologists and psychiatrists 3Health News:Surgery on toy animals lessens anxiety of veterinary students 2Health News:Could Women's Use of 'the Pill' Raise Men's Prostate Cancer Risk? 2Health News:Could Women's Use of 'the Pill' Raise Men's Prostate Cancer Risk? 3Health News:Study evaluates 'normal range' systolic bp levels after ischemic stroke and risk of recurrent stroke 2
UROSKOP Access, the dedicated urodiagnostic table with truly unrestricted patient access optimizes nearly all diagnostic and interventional procedures....
Drew Scientific has been making leading edge and top quality CBC systems for over 15 years.,The Excell 16/18 offers a reliable alternative for a 3 part differential....
... therapeutic, expandable turning surface for the BariMaxx™ ... Prevention and treatment of pressure ulcers, Large ... patients using a statuc mattress that would ... whose body weight and size pose a ...
... The BariMaxx™ is a full-featured healthcare bed ... for the care and management of larger ... to 1000 lbs. ,Large patients at risk ... in excess of 1000 lbs. (including accessories), ...
Medicine Products: