July 13, 2017 / 7:38 AM / a month ago

BRIEF-Fibocom Wireless sees H1 FY 2017 net profit up 10 pct to 20 pct

July 13(Reuters) - Fibocom Wireless Inc :

* Sees H1 FY 2017 net profit to increase by 10 percent to 20 percent, or to be 13.3 million yuan to 14.5 million yuan

* Says H1 FY 2016 net profit was 12.1 million yuan

* The reasons for the forecast are good development momentum in internet of things sector and expanded product market

Source text in Chinese: goo.gl/rxZqKn

Further company coverage: (Beijing Headline News)

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