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4 months ago
BRIEF-Zhejiang Jinfei Kaida Wheel sees H1 FY 2017 net profit down 5 pct to up 5 pct
April 27, 2017 / 8:03 AM / 4 months ago

BRIEF-Zhejiang Jinfei Kaida Wheel sees H1 FY 2017 net profit down 5 pct to up 5 pct

April 27(Reuters) - Zhejiang Jinfei Kaida Wheel Co Ltd

* Sees H1 FY 2017 net profit to decrease by 5 percent to increase by 5 percent, or to be 29.5 million yuan to 32.5 million yuan

* Says H1 FY 2016 net profit was 31 million yuan

* Says increased price of main materials as main reason for the forecast

Source text in Chinese:goo.gl/kHzaLm

Further company coverage: (Beijing Headline News)

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