11:39 AM EST - Migao Corp. : reported first-quarter net income of $9.6 million or $0.20 per share, higher than $6.8 million or $0.15 per share in the prior-year period. Sales for the quarter increased 19% to $58.9 million from $49.7 million in the comparable period. Migao Corp.
shares T.MGO are trading down $0.52 at $7.25.