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*MARINE 1*

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*MARINE 1*

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Tuesday, 09/16/2008 6:54:47 AM

Tuesday, September 16, 2008 6:54:47 AM

Post# of 382
China Precision Steel Announces Fiscal Year 2008 Results



Record fiscal 2008 revenue climbs 62.6% year over year to $87.7 million

Net income increases 123.8% to $18.9 million


SHANGHAI, China, Sept. 15 /Xinhua-PRNewswire/ -- China Precision Steel (NASDAQ:CPSL) (the "Company"), a niche precision steel processing company principally engaged in producing and selling of high precision cold-rolled steel products, today announced its results for the fiscal year 2008, ended June 30, 2008.

Full Year 2008 Highlights


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