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WuXi PharmaTech Announces Second-Quarter 2012 Results
Date:8/13/2012

09

194,668

27.6%Cost of revenues:Laboratory Services(59,255)

(44,546)

33.0%(113,742)

(87,258)

30.4%Manufacturing Services(24,631)

(17,938)

37.3%(46,281)

(34,086)

35.8%Total cost of revenues(83,886)

(62,484)

34.3%(160,023)

(121,344)

31.9%Gross profit:Laboratory Services34,289

30,480

12.5%66,452

58,076

14.4%Manufacturing Services12,206

8,149

49.8%21,934

15,248

43.8%Total gross profit46,495

38,629

20.4%88,386

73,324

20.5%Operating expenses:Selling and marketing expenses(3,729)

(2,547)

46.4%(7,007)

(4,505)

55.5%General and administrative expenses(16,911)

(13,608)

24.3%(33,073)

(25,782)

28.3%Research and development expenses(2,080)

(961)

116.4%(3,893)

(1,684)

131.2%Total operating expenses(22,720)

(17,116)

32.7%(43,973)

(31,971)

37.5%Operating income23,775

21,513

10.5%44,413

41,353

7.4%Other income (expenses), net:Other income (expenses), net(580)

149

(489.3%)2,160

1,776

21.6%Interest income (expenses), net1,425

975

46.2%3,124

1,806

73.0%Total other income (expenses), net845

1,124

(24.8%)5,284

3,582

47.5%Income before income taxes24,620

22,637

8.8%49,697

44,935

10.6%Income tax expense(4,128)

(3,986)

3.6%(8,216)

(8,060)

1.9%Net income20,492

18,651

9.9%41,481

36,875

12.5%Basic net earnings per ADS0.29

0.26

8.6%0.58

0.52

10.5%Diluted net earnings per ADS0.28

0.25

13.4%0.56

0.49

14.9%We
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SOURCE WuXi PharmaTech (Cayman) Inc.
Copyright©2012 PR Newswire.
All rights reserved

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