April 19, 2017 / 6:20 AM / 4 months ago

BRIEF-Jiangsu Hongda New Material amends outlook for Q1 of FY 2017

April 19 (Reuters) - Jiangsu Hongda New Material Co Ltd

* Sees net profit for FY 2017 Q1 to be 7 million yuan to 12 million yuan

* Says the net loss of FY 2016 Q1 was 3.2 million yuan

* Says that amendment due to increased business income and gross profit margin

Source text in Chinese: goo.gl/JTupRX

Further company coverage: (Beijing Headline News)

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