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China Sky One Medical, Inc. Announces Guidance for Second Quarter and Full Year 2008
Date:6/10/2008

y diluted shares outstanding as of March 31, 2008, and net margin is expected to be approximately 32%. Previously, the company had expected gross revenue in 2008 of approximately $80 million and gross margin to be approximately 78.5%.

''We are confident that we will achieve significant revenue growth going forward as we continue to implement our strategy of hiring direct territory managers and sales agents to further strengthen our distribution channels,'' said Mr. Yan-Qing Liu, Chairman and CEO of China Sky One Medical, Inc. "In addition, we plan to continue with our research and development efforts and to make strategic acquisitions.''

About China Sky One Medical, Inc.

China Sky One Medical, Inc., a Nevada corporation, is a holding company whose principal operations are through its subsidiaries, which are engaged in the manufacturing, marketing and distribution of pharmaceutical, medicinal and diagnostic kit products. Through its wholly-owned subsidiaries, Harbin Tian Di Ren Medical Science and Technology Company (''TDR'') and Harbin First Bio-Engineering Company Limited ("First"), the Company manufactures and distributes over-the-counter pharmaceutical products as its primary revenue source. For more information, visit http://www.skyonemedical.com .

Safe Harbor Statement

Certain of the statements made in the press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward- looking terminology such as "believe," "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 our future plans, objectives or performance. Actual results could differ materially from t
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SOURCE China Sky One Medical, Inc.
Copyright©2008 PR Newswire.
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