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BRIEF-Beijing Hanbang Technology sees H1 FY 2017 net profit down 94.37 pct to 98.31 pct
July 13, 2017 / 7:33 AM / a month ago

BRIEF-Beijing Hanbang Technology sees H1 FY 2017 net profit down 94.37 pct to 98.31 pct

July 13(Reuters) - Beijing Hanbang Technology Corp :

* Sees H1 FY 2017 net profit to decrease by 94.37 percent to 98.31 percent, or to be 0.3 million yuan to 1 million yuan

* Says H1 FY 2016 net profit was 17.8 million yuan

* The reasons for the forecast are decreased gross margin of monitoring equipment and expanding of monitoring system business

Source text in Chinese: goo.gl/FxPemm

Further company coverage: (Beijing Headline News)

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