H. Paulin & Company Limited

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H. Paulin & Co., Limited information and related industry information from Hoover's United Kingdom

Through its seven divisions, H. Paulin & Co. manufactures and distributes fasteners, fluid system products, automotive parts, and screw machine components. The company's fastener products are used by OEMs to make everything from cars and aircraft to lawnmowers and medical equipment. H.

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

TORONTO, Aug. 12, 2008 (Canada NewsWire via COMTEX) --

    <<
                           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, 2007, 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
    >>

SOURCE: H. Paulin & Co. Limited

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