April 24, 2017 / 7:59 AM / 3 months ago

BRIEF-Suzhou Chunxing Precision Mechanical sees H1 2017 net profit down 20-50 pct

1 Min Read

April 24 (Reuters) - Suzhou Chunxing Precision Mechanical Co Ltd:

* Sees net profit for H1 2017 to decrease by 20 percent to 50 percent, or to be 46.1 million yuan to 73.8 million yuan, compared to net profit of the same period in 2016 (92.2 million yuan)

* Comments that increased investment is the main reason for the forecast

Source text in Chinese: goo.gl/1QJ9cW

Further company coverage:

Beijing Headline News

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