H. Paulin & Co., Limited financial results for period ending June 30, 2009



    TORONTO, Aug. 11 /CNW/ - At the H. PAULIN & CO., LIMITED Board of
Directors meeting held August 11, 2009, the following financial results for
the second quarter ended June 30th, 2009 were released. Shown are 2008
comparisons.

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

                                                      2009          2008
                                                      ----          ----

    Sales                                          $35,682,000   $39,381,000

    Income Before Taxes                            $ 2,160,000   $ 1,724,000

    Net Income                                     $ 1,597,000   $ 1,086,000

    Earnings per share                             $      0.49   $      0.34


    The following results are for the six months ended June 30th, 2009.  Shown
are 2008 comparisons.

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

                                                      2009          2008
                                                      ----          ----

    Sales                                          $61,900,000   $73,771,000

    Net Income Before Taxes                        $ 1,968,000   $ 1,730,000

    Net Income                                     $ 1,491,000   $ 1,090,000

    Earnings per share                             $      0.45   $      0.34
    


    The Board of Directors' did not declare a dividend.

    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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