Mindray Medical Reports Stellar 2009 Results

Mindray Medical (迈瑞医疗国际有限公司), the medical device company headquartered in Shenzhen, issued a very positive financial report for 2009. The company recorded revenues of $634 million, an increase of 16%, while net income climbed to $139.2 million, a 28% jump. For 2010, Mindray said it expects revenue growth to continue at a 17% pace; non-GAAP net income is expected to match that rate, giving evidence of the continuing vitality of the medical device sector. More details... Stock Symbol: (NYSE: MR)