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4 months ago
BRIEF-Beijing Sinnet Technology sees Q1 FY 2017 net profit up 36.5 pct to 66.4 pct
March 21, 2017 / 8:30 AM / 4 months ago

BRIEF-Beijing Sinnet Technology sees Q1 FY 2017 net profit up 36.5 pct to 66.4 pct

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March 21 (Reuters) - Beijing Sinnet Technology Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 36.5 percent to 66.4 percent, or to be 82 million yuan to 100 million yuan

* Says Q1 FY 2016 net profit was 60.1 million yuan

* The reasons for the forecast are sustainable development of cloud computing and related service and operating performance of two newly merged firms

Source text in Chinese: goo.gl/BquVCe

Further company coverage: (Beijing Headline News)

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