April 10, 2017 / 8:20 AM / 3 months ago

BRIEF-Tianjin Xinmao Science & Technology sees Q1 FY 2017 net profit to down 67.87 pct to 76.64 pct

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April 10 (Reuters) - Tianjin Xinmao Science & Technology Co Ltd :

* Sees net profit for Q1 FY 2017 to decrease by 67.87 percent to 76.64 percent, compared to net profit of Q1 FY 2016 (17.1 million yuan)

* Says revenue from disposal of unit in the same period last year as main reason for the forecast

Source text in Chinese: goo.gl/eoIxvF

Further company coverage: (Beijing Headline News)

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