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BRIEF-Guangdong Transtek Medical Electronics sees FY 2017 Q1 net profit down 10 pct to 40 pct
March 6, 2017 / 9:12 AM / in 7 months

BRIEF-Guangdong Transtek Medical Electronics sees FY 2017 Q1 net profit down 10 pct to 40 pct

March 6 (Reuters) - Guangdong Transtek Medical Electronics Co Ltd :

* Sees net profit for FY 2017 Q1 down 10 percent to 40 percent, or to be 9.5 million yuan to 14.3 million yuan

* Says the net profit of FY 2016 Q1 was 15.8 million yuan

* Comments the sharply increased management fees and sales expenses as the main reason for the forecast

Source text in Chinese: goo.gl/UjtAhj

Further company coverage: (Beijing Headline News)

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