Home > Article

China Medical projects fiscal 2009 profit growth

By Associated Press

June 12, 2008

Recommended (0)

China Medical Technologies Inc., which makes tumor therapy and in-vitro diagnostic equipment, on Thursday projected adjusted fiscal 2008 profit of between $2.87 and $2.96 per share.

The company also said it expects revenue of between $169.7 million and $175.4 million for the year ending March 31.

China Medical also reported fiscal 2008 profit of $1.71 per share.

Share of China Medical rose $5.84, or 17.5 percent, to $39.28.

Comment (0)

Recommended (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

DocumentId: 663846, ~/articles/articlehandler.aspx, 10/11/2008 1:22:43 AM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement