Sino-Global Reports Q2 EPS of $0.04

Sino-Global Shipping America, Ltd. SINO today announced its selected unaudited financial results for fiscal quarter ended December 31, 2010. Total revenues were US$9.1 million in the second quarter of 2011, an increase of 36.7% from US$6.6 million in the 2010 period and a sequential gain of approximately 10% from the first quarter of fiscal 2011. The number of ships that Sino-Global served increased 32.9% to 113 in the first quarter of 2011, from 85 in the year-ago period. Basic and diluted loss per share in the second quarter of 2011 was US$0.04, compared to basic and diluted loss per share of US$0.01 in the year-ago period.