11:42 AM EST - Sino-Forest Corp. : reported first-quarter net income of $23 million U.S. or $0.12 U.S. per share, compared to $14.53 million U.S. or $0.08 U.S. per share last year. Net income from continuing operations was $27.92 million U.S. or $0.15 U.S. per share, higher than $17.24 million U.S. or $0.09 U.S. per share in the year-ago quarter. Revenue grew to $177.23 million U.S. from $135.5 million U.S. in the prior year. Sino-Forest Corp.
shares T.TRE are trading down $0.63 at $12.20.
