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Newlook Industries Corp.

12:09 PM EST - Newlook Industries Corp. : today announced operating results for the three months ended March 31, 2008. Newlook posted net earnings of $54,124 or $0.002 per share during the three month period ended March 31, 2008 up from a loss of $204,129 $0.007 per share during the comparative period in the prior year. Earnings from continuing operations before minority interest, foreign exchange gains and interest in the current quarter were $326,598 compared to a loss of $353,860 in the prior year. Earnings from discontinued operations were $35,948 in the current quarter and $150,011 in the prior year. Newlook Industries Corp. shares V.NLI are trading unchanged at $0.65.