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Migao Corp.

04:27 PM EST - Migao Corp. : announced financial results for the second quarter of fiscal 2008. Net income for the quarter increased to $4.57 million or $0.11 per share, compared to $3.34 million or $0.10 per share in the same quarter a year earlier. Second-quarter sales advanced to $34.51 million from $27.71 million in the year ago quarter. Migao Corp. shares T.MGO are trading off 21 cents at $8.14.