Migao Reports Fiscal 2012 Second Quarter Financial Results

Migao Corporation (TSX:MGO) announced third quarter and year-to-date financial results.

As quoted in the press release:

For the second quarter ended September 30, 2011 Migao reported revenues of $66.0 million as compared to revenues of $68.5 million for the three-month period ended September 30, 2010.

Migao’s CEO, Liu Guocai said:

We look forward to Shanghai’s contribution to operations starting in the third quarter, as well as the completion of construction at Changchun Migao for the second 40,000 tonnes of potassium sulphate annual capacity and Zunyi Migao’s first 50,000 tonnes of capacity for specialty compound fertilizer.

Click here for the Migao Corporation (TSX:MGO) press release.