April 10, 2017 / 8:55 AM / 4 months ago

BRIEF-Jiangsu Yitong High-tech sees FY 2017 Q1 net profit to decrease by 42.8 pct to 71.4 pct

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April 10 (Reuters) - Jiangsu Yitong High-tech Co Ltd :

* Sees net profit for FY 2017 Q1 to decrease by 42.8 percent to 71.4 percent, or to be 1 million yuan to 2 million yuan, compared to net profit of FY 2016 Q1 (3.5 million yuan)

* Says decreased sales revenue as main reason for the forecast

Source text in Chinese: goo.gl/s0ruy6

Further company coverage: (Beijing Headline News)

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