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SOKO Fitness & Spa Group Reports Quarterly Earnings Growth Over Fiscal 2009 First Quarter
Date:10/15/2009

HARBIN, China, Oct. 15 /PRNewswire-Asia-FirstCall/-- SOKO Fitness & Spa Group, Inc. (OTC Bulletin Board: SOKF) ("the Company"), today reported the operating results for the first quarter of financial year 2010 ended August 31, 2009. The Company's revenue grew 50% to $6.43 million from $4.28 million in the same quarter last year. Net income of the first quarter grew 68% to $2.43 million and fully diluted earnings per share were $0.13, as compared to net income of $1.44 million and fully diluted earnings per share of $0.08 in first quarter fiscal year 2009.

SOKO currently operates 13 facilities in Northeastern China, including nine beauty salons and spas, three fitness centers, and one beauty school. In addition, SOKO currently has four facilities under construction -- the Da Qing beauty salon and spa, one fitness center, a yoga center and beauty salon in the Long Dian building in Harbin.

SOKO's management reported that its growth quarter to quarter was due to the following factors:

    -- professional services revenue increased as a result of the introduction
       of new services and increase in customer base;
    -- product sales revenue increase was driven by introduction of new
       branded products and higher consumption of products by our customers;
    -- membership fee revenue increase was driven by opening a new fitness
       center Yoga Wave II in Shenyang and membership increases in our
       facilities; and
    -- the decrease in school tuition revenue was as a result of the company's
       reallocation of certain school resources to internal program for
       company employee training.

About SOKO Fitness & Spa Group, Inc.:

SOKO Fitness & Spa Group, Inc., is a leading operator of fitness clubs and spas in Northeast China. The Company provides programs, services, and products uniquely combined with exercise, education, and nutrition to help the
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SOURCE SOKO Fitness & Spa Group, Inc.
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