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BRIEF-Ningbo Fuda returns to black in 2016 with net profit of 127.4 mln yuan
March 28, 2017 / 8:12 AM / 6 months ago

BRIEF-Ningbo Fuda returns to black in 2016 with net profit of 127.4 mln yuan

March 28 (Reuters) - Ningbo Fuda Co Ltd

* Says it returns to net profit of 127.36 million yuan ($18.49 million) in 2016 versus net loss of 1.16 billion yuan year ago

Source text in Chinese: bit.ly/2o13lTp

Further company coverage: ($1 = 6.8863 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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