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China Sky One Medical, Inc. Announces Record Fourth Quarter and Fiscal Year 2008 Results
Date:4/15/2009

," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding the progress of new product development. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the effect of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time.



                 CHINA SKY ONE MEDICAL, INC. AND SUBSIDIARIES
                    CONSOLIDATED STATEMENTS OF OPERATIONS
   FOR THE THREE MONTHS AND TWELVE MONTHS ENDED DECEMBER 31, 2008 AND 2007

                               Three Months Ended          Years Ended
                                  December 31,             December 31,
                                  2008        2007        2008        2007
                                  (Unaudited)              (Audited)

    Revenues                $25,954,879 $12,723,375 $91,816,183 $49,318,308
    Cost of Goods Sold        6,654,502   2,835,176  22,403,303  10,939,531
    Gross Profit             19,300,377   9,888,199  69,412,880  38,378,777

    Operating Expenses
          Selling, general
           and administrative 7,341,394   3,365,194  25,482,201  16,163,577
          Depreciation and
           amortization         335,031     166,556     858,406     443,063
          Research and
           development        2,693,341   1,406,
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SOURCE China Sky One Medical, Inc.
Copyright©2009 PR Newswire.
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