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BRIEF-Beijing Hualubaina Film & TV sees H1 FY 2017 net profit down 10 pct to 40 pct
July 17, 2017 / 3:50 AM / in 3 months

BRIEF-Beijing Hualubaina Film & TV sees H1 FY 2017 net profit down 10 pct to 40 pct

July 17(Reuters) - Beijing Hualubaina Film&TV Co Ltd :

* Sees H1 FY 2017 net profit to decrease by 10 percent to 40 percent, or to be 54.9 million yuan to 82.3 million yuan

* Says H1 FY 2016 net profit was 91.4 million yuan

* The reasons are marketing promotion expense of sports games business and not meeting expectation of investment promotion in variety sector

Source text in Chinese: goo.gl/FbX5JY

Further company coverage: (Beijing Headline News)

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