Cemtrex Inc. Announces Its Fiscal Year 2005 Results

FARMINGDALE, N.Y., Feb. 24  /PRNewswire-FirstCall/ -- Cemtrex Inc. (OTC:CTEX) today reported a net profit of $37,366 ($.03 per share) on sales of $766,103 for its fiscal year ended September 30, 2005 from its financial statements as prepared by the management.  The Company's selling, general and administrative expenses grew from $277,682 in fiscal year 2004 to $347,079 in fiscal year 2005.

Gross profit of $384,445 for the twelve-month period ended September 30, 2005 was 50% of sales compared to $344,113 or 48% of sales, in the same period in the previous year.  The higher gross profit in the fiscal year 2005, compared to the fiscal year 2004 was in part, due to the product mix of the projects executed during 2005 as compared to the previous year.

Cemtrex is a technology company that provides a comprehensive range of services, which allow its customers to create and monetize carbon assets. Cemtrex also provides complete emission reduction and monitoring instruments and equipment for a wide variety of industries such as: power, steel, mining, cement, fertilizer, ferrous & non-ferrous metals, chemicals and refining.

Safe Harbor Statement

This press release contains forward-looking statements.  Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties.  Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date.

  For further information please contact:

  Cemtrex Inc.
  19 Engineers Lane
  Farmingdale, NY 11735
  Tel: [phone]
  URL: http://www.cemtrex.com/



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First Call Analyst: 

DATASOURCE: Cemtrex Inc.



CONTACT:  Cemtrex, [phone]



Web site:  http://www.cemtrex.com/ 

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