03:47 PM EST - Migao Corporation : reported financial results for the 12-month period ended March 31, 2013. Revenues were $299.5 million, compared with $402.7 million for the year ended March 31, 2012. Gross profit was $4.5 million for the year ended March 31, 2013, compared to $59.7 million for the same period last year. Gross margin as a percentage of sales for fiscal 2013 was 1.5% compared to 14.8% in fiscal 2012. Migao Corporation
shares T.MGO are trading up $0.04 at $1.10.
