July 13, 2017 / 9:43 AM / 8 days ago

BRIEF-ArcherMind Technology sees FY 2017 H1 net profit to decrease by 22.6 pct to 29.8 pct

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July 13 (Reuters) - ArcherMind Technology (Nanjing) Co Ltd :

* Sees net profit for FY 2017 H1 to decrease by 22.6 percent to 29.8 percent, or to be 11.8 million yuan to 13 million yuan, compared to net profit of FY 2016 H1 (16.8 million yuan)

* Says strategic transformation of some customers as main reason for the forecast

Source text in Chinese: goo.gl/WdjNJS

Further company coverage: (Beijing Headline News)

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