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3 months ago
BRIEF-Ningbo Joyson Electronic sees FY 2017 Q1 net profit to increase by 70 pct to 80 pct
April 17, 2017 / 7:56 AM / 3 months ago

BRIEF-Ningbo Joyson Electronic sees FY 2017 Q1 net profit to increase by 70 pct to 80 pct

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April 17(Reuters) - Ningbo Joyson Electronic Corp :

* Says net profit for FY 2017 Q1 to increase by 70 percent to 80 percent, compared to net profit of FY 2016 Q1 (120.7 million yuan)

* Says increased operating revenue, accomplishment of acquisition and repayment of bank loan as main reasons for the forecast

Source text in Chinese: goo.gl/E5tz9E

Further company coverage: (Beijing Headline News)

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