July 14, 2017 / 4:25 AM / 10 days ago

BRIEF-Tangel Publishing sees FY 2017 H1 net profit to increase by 45.3 pct to 66.1 pct

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July 14(Reuters) - Tangel Publishing Co Ltd :

* Says net profit for FY 2017 H1 to increase by 45.3 percent to 66.1 percent, or to be 105 million yuan to 120 million yuan, compared to net profit of FY 2016 H1 (72.3 million yuan)

* Says merger of Guangzhou-based tech firm as main reason for the forecast

Source text in Chinese: goo.gl/8mTHbA

Further company coverage: (Beijing Headline News)

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