April 10, 2017 / 8:45 AM / 3 months ago

BRIEF-Hangzhou Huaxing Chuangye Communication Technology sees Q1 FY 2017 net profit to down 20 pct to 40 pct

1 Min Read

April 10 (Reuters) - Hangzhou Huaxing Chuangye Communication Technology Co Ltd :

* Sees net profit for Q1 FY 2017 to decrease by 20 percent to 40 percent, compared to net profit of Q1 FY 2016 (5.2 million yuan)

* Says increased interest expense and decreased gross margin in traditional business as main reasons for the forecast

Source text in Chinese: goo.gl/Yw6Dc5

Further company coverage: (Beijing Headline News)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below