July 13, 2017 / 3:47 AM / 7 days ago

BRIEF-Ningbo Veken Elite Group to swing to profit in H1 FY 2017

1 Min Read

July 13 (Reuters) - Ningbo Veken Elite Group Co Ltd :

* Sees H1 FY 2017 net profit to be 36 million yuan

* Says H1 FY 2016 net loss was 44.7 million yuan

* The main reasons for the forecast are equity acquisition and subsidiary divestiture

Source text in Chinese: goo.gl/6FyvSD

Further company coverage: (Beijing Headline News)

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