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BRIEF-Hefei Urban Construction Development sees H1 2017 net profit down 50-100 pct
April 21, 2017 / 7:04 AM / 6 months ago

BRIEF-Hefei Urban Construction Development sees H1 2017 net profit down 50-100 pct

April 21 (Reuters) - Hefei Urban Construction Development Co Ltd:

* Sees net profit for H1 2017 to decrease by 50 percent to 100 percent, or to be 0 million yuan to 35.1 million yuan, compared to net profit of the same period in 2016 (70.1 million yuan)

* Says the increased financing expenses is the main reason for the forecast

Source text in Chinese: goo.gl/2wIBxG

Further company coverage:

Beijing Headline News

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