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BRIEF-Guangdong Hongteo Accurate Technology sees H1 FY 2017 net profit up 67.57 pct to 87.06 pct
July 17, 2017 / 4:45 AM / a month ago

BRIEF-Guangdong Hongteo Accurate Technology sees H1 FY 2017 net profit up 67.57 pct to 87.06 pct

July 17(Reuters) - Guangdong Hongteo Accurate Technology Co Ltd :

* Sees H1 FY 2017 net profit to increase by 67.57 percent to 87.06 percent, or to be 43 million yuan to 48 million yuan

* Says H1 FY 2016 net profit was 25.7 million yuan

* The reasons for the forecast are decreased selling expense and financial expense and contribution from subsidiaries

Source text in Chinese: goo.gl/Du4Bi7

Further company coverage: (Beijing Headline News)

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