April 17, 2017 / 5:16 AM / 3 months ago

BRIEF-Xinlong Holding Group sees Q1 2017 net profit to be 1.5-2 mln yuan

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April 17 (Reuters) - Xinlong Holding Group Co Ltd :

* Sees net profit for Q1 2017 to be 1.5 million yuan to 2 million yuan, compared to net loss of the same period in 2016 (8.0 million yuan)

* Comments that increased sales of spunlace products and increased investment income are the main reasons for the forecast

Source text in Chinese: goo.gl/wn5nYW

Further company coverage:

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