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BRIEF-Guangdong Vanward New Electric issues H1 2017 net profit outlook
July 17, 2017 / 4:01 AM / 2 months ago

BRIEF-Guangdong Vanward New Electric issues H1 2017 net profit outlook

July 17(Reuters) - Guangdong Vanward New Electric Co Ltd

* Sees H1 2017 net profit will decreases by 15 percent to increase by 10 percent, or will be 195.8 million yuan to 253.3 million yuan

* Says H1 2016 net profit was 230.3 million yuan

* Says that decreased investment income and gross margin, as well as increased exchange gains or losses as main reasons for the forecast

Source text in Chinese:goo.gl/LYf2Yf

Further company coverage: (Beijing Headline News)

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