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9 days ago
BRIEF-HeNan Splendor Science & Technology sees H1 FY 2017 net profit down 20 pct to 50 pct
July 17, 2017 / 10:10 AM / 9 days ago

BRIEF-HeNan Splendor Science & Technology sees H1 FY 2017 net profit down 20 pct to 50 pct

1 Min Read

July 17(Reuters) - HeNan Splendor Science & Technology Co Ltd

* Sees H1 FY 2017 net profit to decrease by 20 percent to 50 percent, or to be 19.4 million yuan to 31.1 million yuan

* Says H1 FY 2016 net profit was 38.8 million yuan

* Says decrease of tax refunds and increase of financial expenses and sales expenses are the main reasons for the forecast

Source text in Chinese: goo.gl/odp64X

Further company coverage: (Beijing Headline News)

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