April 17, 2017 / 8:56 AM / 4 months ago

BRIEF-Zhejiang Qianjiang Motorcycle sees Q1 FY 2017 net profit down 44.7 pct to 63.2 pct

April 17(Reuters) - Zhejiang Qianjiang Motorcycle Co Ltd :

* Sees Q1 FY 2017 net profit to decrease by 44.7 percent to 63.2 percent, or to be 16 million yuan to 24 million yuan

* Says Q1 FY 2016 net profit was 43.4 million yuan

* The reason for the forecast is poor supply in motorcycles market

Source text in Chinese: goo.gl/HlFE6o

Further company coverage: (Beijing Headline News)

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