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<table border="0" cellpadding="0" cellspacing="0" width="100%" class="forumline"> <tr> <td class="cat" width="22%">Autor</td> <td class="cat">Wiadomość</td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>25nudv70jhk</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="http://picsrv.fora.pl/Avalanche/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Wysłany: Pon 7:43, 24 Sty 2011<span class="gen"> </span> Temat postu: WuXi Pharmatech 1Q Profit Rises 32%; Manufacturing</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">WuXi Pharmatech (Cayman) Inc.‘s (WX) first-quarter earnings rose 32%,<a href="http://www.orbto.com/software-outsourcing/php-outsourcing/" target="_blank" class="postlink">PHP development outsourcing</a>, beating views, on consistent growth in laboratory services and a surge in its manufacturing-services revenue. <br /> <br />The contract-research firm also said 2010 revenue will be at the upper end of March‘s downbeat view for $310 million to $320 million. <br /> <br />Last month, Charles River Laboratories International Inc. (CRL) agreed to buy the Chinese pharmaceutical research outsourcing firm for $1.6 billion. <br /> <br />Big pharmaceutical companies‘ cuts to their own research programs meant they focused on their own clinical trials and marketing while outsourcing development and testing services to contractors like WuXi. However,<a href="http://www.orbto.com/software-outsourcing/flash-web-development/" target="_blank" class="postlink">Flash development outsourcing</a>, the cuts grew significant enough to deplete the overall pool of business opportunities for the contract firms. <br /> <br />WuXi posted a profit of $15.5 million,<a href="http://www.orbto.com/business-process-outsourcing/data-entry-outsourcing/" target="_blank" class="postlink">Data processing companies</a>, or 21 cents per American depositary share, from $11.7 million, or 16 cents per ADS,<a href="http://www.orbto.com/business-process-outsourcing/data-entry-outsourcing/" target="_blank" class="postlink">Data processing outsourcing</a>, a year earlier. Excluding items share-based compensation and amortization,<a href="http://www.orbto.com/software-outsourcing/quality-assurance-outsourcing/" target="_blank" class="postlink">Quality Assurance Outsourcing</a>, earnings rose to 25 cents from 20 cents. <br /> <br />Revenue increased 36% to $80.6 million. Laboratory services posted a consistent 18% sales growth, and the figure soared more than fivefold to $13.6 million in manufacturing services on improving demand and delivery of a large order, which had been weak in the previous period. <br /> <br />Analysts surveyed by Thomson Reuters expected 19 cents on the bottom line with $78 million in revenue. <br /> <br />Gross margin fell to 37.7% from 38.4%. <br /> <br />WuXi ADS were up 1.8% at $18.30 after hours.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="http://picsrv.fora.pl/Avalanche/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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