EXHIBIT 99.1

Contact:

Capital Group Communications, Inc. - Investor Relations
(415) 332-7200
(415) 332-7201
Website: http://www.capitalgc.com
 
Sino Clean Energy Inc.
Ming Lee
Assistant to the Chairman
+86-29-84067376
 
 
For Immediate Release
 
Sino Clean Energy Reports 392% Year-Over-Year Revenue Growth
Alongside 195% Net Income Growth in Fiscal 2008


Xi’an, China – April 6, 2009
– Sino Clean Energy, Inc. (OTCBB:SCLX) (“Sino Clean Energy”, the “Company”), a producer and distributor of coal-water mixture (“CWM”) in the People's Republic of China (“PRC”), announced its financial results for the fiscal year ended December 31, 2008.

Fiscal 2008 Highlights

·
Total revenue increased 392% year-over-year to $13.79 million
·
Gross profit increased 344% year-over-year to $4.52 million
·
Operational Income increased 989% year-over-year to $3.95 million
·
Net income increased 195% year-over-year to $3.00 million, or $0.03 per basic and diluted share
·
Satisfies 2008 financial performance threshold of $3.5 million in net income (excluding certain non-cash charges) and cash from operating activities as mandated under terms of September 2008 private financing
·
Established audit, compensation and nominating committees, and adopted a Code of Business Conduct and Ethics, to strengthen our corporate governance in compliance with the listing requirements of a senior U.S. exchange
·
Appointed Hon Wan “Helice” Chan, a licensed CPA knowledgeable in US GAAP, as Chief Financial Officer to direct and supervise our financial reporting obligations
·
Appointed Bennet P. Tchaikovsky, a licensed CPA with considerable experience working with U.S. public companies, to our board of directors and to head our audit committee
·
Appointed Dr. Zidong Zhao, a scientist with considerable knowledge of coal and related industries in the PRC, to our board of directors

Full Year 2008 Results

Total revenue for 2008 was $13,785,125, an increase of 392% compared to $2,802,750 for 2007.

Costs of sales for 2008 were $9,266,832 compared to $1,785,601 for 2007, an increase of 419%.  2008’s gross profit increased 344% to $4,518,293, or 33% of total sales, from $1,017,149, or 36% of total sales, for the prior year.

Income from operations for 2008 was $3,950,399, compared to $362,788 for 2007, an increase of 989%.
 
 
 
 

The following information was filed by Sino Clean Energy Inc (SCEI) on Monday, April 6, 2009 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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