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4 months ago
BRIEF-Ourpalm sees FY 2017 Q1 net profit to decrease by 5 pct to 25 pct
April 11, 2017 / 2:51 AM / 4 months ago

BRIEF-Ourpalm sees FY 2017 Q1 net profit to decrease by 5 pct to 25 pct

April 11 (Reuters) - Ourpalm Co Ltd :

* Sees net profit for FY 2017 Q1 to decrease by 5 percent to 25 percent, or to be 166 million yuan to 232.4 million yuan, compared to net profit of FY 2016 Q1 (221.4 million yuan)

* Says decreased revenue as main reason for the forecast

Source text in Chinese: goo.gl/0zrLls

Further company coverage: (Beijing Headline News)

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