April 24, 2017 / 9:39 AM / 4 months ago

BRIEF-HL Corp Shenzhen sees H1 FY 2017 net profit down 20 pct to up 30 pct

April 24(Reuters) - HL Corp Shenzhen

* Sees H1 FY 2017 net profit to decrease by 20 percent to increase by 30 percent, or to be 14.6 million yuan to 23.7 million yuan

* Says H1 FY 2016 net profit was 18.2 million yuan

* Says increased income from orders of bicycle-sharing and decreased gross profit rate of products as main reasons for the forecast

Source text in Chinese:goo.gl/W5SENe

Further company coverage: (Beijing Headline News)

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