June 19, 2007 -- China Medical Technologies (CMED) has enjoyed a very positive two-day run after announcing its fiscal year 2006 revenues and earnings. The stock moved up $4.39 to $31.64 over the first two sessions of the week, a 16% climb. The company reported that its revenues shot up 47.1% to $71 million and profits were 46% higher at $38 million. Both numbers beat analysts’ predictions as well as the company’s own forecast. Earnings came in at an astonishing 53% of revenues. We look at what the company does to achieve these numbers...
