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Sino-Forest Corp.

09:56 AM EST - Sino-Forest Corp. : reported that its second-quarter net income was $63.69 million U.S. or $0.26 U.S. per share, up from $45.05 million U.S. or $0.23 U.S. per share in the same quarter last year. Income before income taxes rose to $73.56 million U.S., from $53.41 million U.S. in the year-ago quarter. Revenues for the quarter were $305.76 million U.S., compared to $224.42 million U.S. in the prior year quarter. Sino-Forest Corp. shares T.TRE are trading down $0.42 at $16.73.