July 17, 2017 / 5:11 AM / a month ago

BRIEF-Toread Holdings Group sees H1 FY 2017 net profit down about 16 pct

July 17(Reuters) - Toread Holdings Group Co Ltd :

* Sees H1 FY 2017 net profit to decrease by about 16 percent, or to be about 79 million yuan

* Says H1 FY 2016 net profit was 94.4 million yuan

* The reasons for the forecast are depressing in outdoor product industry and increased promotion expense

Source text in Chinese: goo.gl/i5AupY

Further company coverage: (Beijing Headline News)

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