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4 months ago
BRIEF-Tongwei's 2016 net profit up 39.1 pct, plans medium-term notes, commercial paper
April 14, 2017 / 9:20 AM / 4 months ago

BRIEF-Tongwei's 2016 net profit up 39.1 pct, plans medium-term notes, commercial paper

April 14 (Reuters) - Tongwei Co Ltd

* Says 2016 net profit up 39.1 percent y/y at 1.0 billion yuan ($145.21 million)

* Says it plans to issue up to 2.0 billion yuan medium-term notes, up to 2.0 billion yuan commercial paper

Source text in Chinese: bit.ly/2obpfAb; bit.ly/2nLRXvl

Further company coverage: ($1 = 6.8865 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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