2008 Second Quarter Results - H. Paulin & Co. Limited



    TORONTO, Aug. 12 /CNW/ -

    
                           H. PAULIN & CO., LIMITED

              FINANCIAL RESULTS FOR PERIOD ENDING June 30, 2008

    At the H. PAULIN & CO., LIMITED Board of Director's meeting held
August 11, 2008, the following financial results for the Second Quarter ended
June 30th, 2008 were released. Shown are 2007 comparisons.


                       SECOND QUARTER ENDED JUNE 30TH
                       ------------------------------

                                                   2008              2007
                                                   ----              ----
    Sales                                      $39,381,000       $37,530,000
    Income Before Taxes                        $ 1,724,000       $ 1,743,000
    Net Income                                 $ 1,086,000       $ 1,110,000
    Earnings per share                         $      0.34       $      0.35

    The following results are for the six months ended June 30th, 2008. Shown
are 2007 comparisons.

                         SIX MONTHS ENDED JUNE 30TH
                         --------------------------

                                                   2008              2007
                                                   ----              ----
    Sales                                      $73,771,000       $71,500,000
    Net Income Before Taxes                    $ 1,730,000       $ 2,556,000
    Net Income                                 $ 1,090,000       $ 1,615,000
    Earnings per share                         $      0.34       $      0.50

    H. Paulin & Co., Limited is a leading Canadian manufacturer and
merchandiser of bolts, nuts, screws and fluid system components for the
automotive, industrial and retail hardware markets.

    H. PAULIN & CO., LIMITED

    "Murray Mateyk"
    -----------------------
    Murray Mateyk, Chief Financial Officer
    





For further information:

For further information: H. Paulin & Co. Limited, 55 Milne Avenue,
Toronto, Ontario, Canada, M1L 4N3, Telephone (416) 694-3351, Fax (416)
694-1869, Toll Free 1-800-268-4000, E-mail paulin@hpaulin.com

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H. Paulin & Co. Limited

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