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Unilens Vision Reports Record First Quarter Earnings and Royalty Income
Date:11/29/2007

y for the adequacy or accuracy of this release.

For more information, please contact:

Leonard F. Barker, CFO, Unilens Vision Inc. at (727) 544-2531

UNILENS VISION INC.

FIRST QUARTER - FISCAL 2008

CONDENSED CONSOLIDATED FINANCIAL INFORMATION

(All figures in U.S. Dollars)

RESULTS OF OPERATIONS

Three Months Ended Three Months Ended

September 30, 2007 September 30, 2006

Sales $1,673,361 $1,604,776

Cost of sales 904,397 830,630

768,964 774,146

Expenses 754,952 752,707

Income from operations 14,012 21,439

Other items:

Royalty income 612,799 476,550

Other (expense) income (27,141) 990

Remeasurement income 2,541 3,377

Interest income 14,290 12,827

602,489 493,744

Income before tax 616,501 515,183

Income tax expense 239,205 204,691

Net income for the period $377,296 $310,492

Net income per common share:

Basic $0.08 $ 0.07

Diluted $0.08 $ 0.07

CASH FLOWS

Provided (used) by:

Operating activities $689,258 $330,684

Investing activities
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SOURCE Unilens Vision Inc.
Copyright©2007 PR Newswire.
All rights reserved

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