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WuXi PharmaTech Announces Third-Quarter 2010 Results
Date:11/9/2010

>

(11,184)

109%Total cost of revenues(54,017)

(41,271)

31%

(152,031)

(116,974)

30%Gross profit:Laboratory Services

28,609

27,553

4%

87,732

76,579

15%Manufacturing Services

1,221

1,217

0%

5,723

2,590

121%Total gross profit29,830

28,770

4%

93,455

79,169

18%Operating expenses:Selling and marketing expenses

(2,140)

(1,571)

36%

(6,754)

(5,318)

27%General and administrative expenses

(8,484)

(12,567)

(32%)

(33,970)

(35,309)

(4%)Total operating expenses(10,624)

(14,138)

(25%)

(40,724)

(40,627)

0%Operating income 19,206

14,632

31%

52,731

38,542

37%Other income (expenses), net:Other income, net

26,802

861

*

27,417

7,229

279%Interest income (expenses), net

340

(139)

*

597

(45)

*Total other income (expenses), net27,142

722

*

28,014

7,184

290%Income from continuing operations before income taxes46,348

15,354

202%

80,745

45,726

77%Income tax expenses

(2,088)

(853)

145%

(7,210)

(4,805)

50%Income from continuing operations44,260

14,501

205%

73,535

40,921

80%Loss on discontinued operations, net (Note 1)Loss from operations of discontinued component

--

(313)

*

--

(313)

*Income tax benefit

--

139

*

--

139

*Loss on discontinued operations--

(174)

*

--

(174)

*Net income44,260

14,327

209%

73,535

40,747

80%Basic net earnings (loss) per ADS:Earnings from continuing operations$0.64

$0.21


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SOURCE WuXi PharmaTech (Cayman) Inc
Copyright©2010 PR Newswire.
All rights reserved

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Related medicine technology :

1. WuXi PharmaTech Awarded GLP Certificate from SFDA for Suzhou Toxicology Facility
2. WuXi PharmaTech Schedules Third-Quarter 2010 Earnings Conference Call
3. Professor Steven V. Ley Speaks at WuXi PharmaTech
4. WuXi PharmaTech Awarded GLP Certificate from OECD for Suzhou Toxicology Facility
5. WuXi PharmaTech Announces Second-Quarter 2010 Results
6. WuXi PharmaTech RESCHEDULES Second-Quarter 2010 Earnings Conference Call
7. WuXi PharmaTech Well Positioned to Continue Growing as Independent Company; Will Receive Breakup Fee of $30 million
8. WuXi PharmaTech Appoints Hao Zhou as Chief Financial Officer
9. WuXi PharmaTech Announces First-Quarter 2010 Results
10. WuXi PharmaTech Schedules First-Quarter 2010 Earnings Release
11. WuXi PharmaTech Enters into Collaboration with J&JPRD, a division of Janssen Pharmaceutica for Preclinical Services and Training
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