July 17, 2017 / 3:35 AM / a month ago

BRIEF-Toyou Feiji Electronics sees H1 2017 net profit down 55-80 pct

July 17 (Reuters) - Toyou Feiji Electronics Co Ltd :

* Sees net profit for H1 2017 to decrease by 55 percent to 80 percent, or to be 8.8 million yuan to 19.8 million yuan, compared to net profit of the same period in 2016 (44.0 million yuan)

* Comments that increased development and research costs is the main reason for the forecast

Source text in Chinese: goo.gl/v8cXGm

Further company coverage:

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