Mindray Medical Reports Much Higher 2008

ChinaBio Today -- Mindray Medical International Limited reported preliminary 2008 results for its medical device business, showing that the company continued to perform well, despite the difficult economic environment. Mindray expects 2008 revenues to be in the range of $540 million to $550 million, an 85% jump. For net income, Mindray is predicting non-GAAP EPS will be at least $1.16, a 47% increase over the 2007 figure.

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