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2 years ago
BRIEF-Xiake Color Spinning expects to swing to profit in H1 after restructuring operations
July 14, 2015 / 8:54 AM / 2 years ago

BRIEF-Xiake Color Spinning expects to swing to profit in H1 after restructuring operations

July 14 (Reuters) - Xiake Color Spinning Co Ltd

* Says expects H1 swing back to black with net profit of 145-175 million yuan ($23.35-$28.19 million)versus net loss of 196.7 million yuan year ago

Source text in Chinese: bit.ly/1MqMV9H

Further company coverage: ($1 = 6.2088 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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