April 10, 2017 / 2:51 PM / 3 months ago

BRIEF-Toread Holdings Group sees Q1 FY 2017 net profit down 29 pct

1 Min Read

April 10(Reuters) - Toread Holdings Group Co Ltd :

* Sees Q1 FY 2017 net profit to decrease by 29 percent, or to be 51 million yuan

* Says Q1 FY 2016 net profit was 71.8 million yuan

* The reasons for the forecast are decreased sales revenue of outdoor sport business and stable marketing investment

Source text in Chinese: goo.gl/u6lVOI

Further company coverage: (Beijing Headline News)

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