March 31, 2017 / 9:03 AM / 4 months ago

BRIEF-Julong sees Q1 FY 2017 net profit up 40 pct to 60 pct

1 Min Read

March 31(Reuters) - Julong Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 40 percent to 60 percent, or to be 14.8 million yuan to 16.9 million yuan

* Says Q1 FY 2016 net profit was 10.5 million yuan

* The reasons for the forecast are smoothly working of business and effective cost control

Source text in Chinese: goo.gl/zEWGVs

Further company coverage: (Beijing Headline News)

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