ORANGE, Calif., Nov. 3 /PRNewswire-FirstCall/ -- Liberty Diversified Holdings, Inc.\'s (OTC Bulletin Board: LDHI - News) 10Q report for 2nd quarter 2006 shows strong increases in both revenues and profits. Virtually all of these gains can be directly attributed to the improved performance of its wholly-owned subsidiary, MCR Printing and Packaging Corp., which Liberty acquired in December 2005.
ADVERTISEMENT Liberty reported total gross revenues for 2nd quarter 2006 of $1,127,093. This represents a significant increase from 2nd quarter 2005 when Liberty\'s gross revenues were just $6,863. Liberty also posted gross profits for 2nd quarter 2006 of $355,350, totaling just over 31.5% of gross revenues. MCR\'s 2nd quarter 2006 gross revenues of $1,127,093 also showed continued improvement over its gross revenues for 1st quarter 2006, which totaled just over $1,056,000.
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