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4 months ago
BRIEF-Shanghai Dragonnet Technology sees Q1 FY 2017 net profit down 10 pct to up 10 pct
April 10, 2017 / 3:11 PM / 4 months ago

BRIEF-Shanghai Dragonnet Technology sees Q1 FY 2017 net profit down 10 pct to up 10 pct

April 10(Reuters) - Shanghai Dragonnet Technology Co Ltd :

* Sees Q1 FY 2017 net profit to decrease by 10 percent to increase by 10 percent, or to be 5.8 million yuan to 7.1 million yuan

* Says Q1 FY 2016 net profit was 6.5 million yuan

* The reasons for the forecast are expanded new product and new business as well as increased R&D expense

Source text in Chinese: goo.gl/JTFkTs

Further company coverage: (Beijing Headline News)

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